What is a reasonable length of time after reaching the age of majority to permit disaffirmance?

Directions

1. Find and read the following cases

– Jones v. Free Flight Sport Aviation , Inc. 623 P.370, Web 1981 Colo. Lexis 571, Supreme Court of Colorado.

– Flood v. Fidelity & Guaranty Life Insurance Co. 394 So 2d 1311; Web 1981 La App Lexis 3538 Court of Appeal of Louisiana.

2. Answer the following questions

– Should a person be allowed to disaffirm a contract he or she made as a minor after reaching the age of minority?

– What is a reasonable length of time after reaching the age of majority to permit disaffirmance?

– What ethical considerations are involved in these cases?

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