BLAW Ch. 9 Review

BLAW Ch. 9 Review

Assessment

Flashcard

Business

9th - 12th Grade

Hard

Created by

Wayground Content

FREE Resource

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16 questions

Show all answers

1.

FLASHCARD QUESTION

Front

A disaffirmed contract for a necessary may still be enforced against a minor for a reasonable value

Back

True

2.

FLASHCARD QUESTION

Front

If a person acts within his or her scope of authority in entering into a contract for an organization, he or she is not personally liable for any losses that might occur.

Back

True

3.

FLASHCARD QUESTION

Front

The contracts of all those who lack capacity are void.

Back

False

4.

FLASHCARD QUESTION

Front

A contract for goods or services that are not necessaries entered into while a person is a minor can be disaffirmed:

Back

anytime during minority

5.

FLASHCARD QUESTION

Front

Minority ends the day after the birthday of the age of majority.

Back

False

6.

FLASHCARD QUESTION

Front

Minors are not usually liable for their torts.

Back

False

7.

FLASHCARD QUESTION

Front

When a person has the capacity to bind an organization to a contract, they are said to have:

Back

scope of authority

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