Yes there is. not actualy graphic sixual representation, but some of the speech in the game refers to sixual stuff, not to mention you can strip dead bodies and play about with them..
Yeah i know, i saw some people do that thing on You Tube, but that is ONLY if anyone want to do it, for a child, sure they don't have any motivation to do it.
An yes, there is sixual jokes in Oblivion, that is also if it is triggered by the player, if don't then it is nothing.
"Why Khajit lick their ass?"
I always find it weird how people think it's wrong for children to be exposed to nudity or six, most children would just find it disgusting and hilarious, sixual violence is obviously wrong to show to kids but I wouldn't go limiting my hypothetical children from playing a game with briasts in it or anything.
because it is improper to expose children with those stuff early in their age, they should be exposed to other stuff than that stuff, for example, education, sport, other kind of activities that can teach them become for responsible for their action, joining boy/girl scout or something, joining community service activities...and many more useful things.
six comes later in their life, when they are an advlt. Just think, our ancestors didn't exposed to six early in their age, but still most of them have many children and have good family, large family...
Well, it is also depend on culture and so on...maybe in the west sixual stuff is not a taboo, i don't know, i live in the east...