BLAW Ch. 9 Review
Flashcard
•
Business
•
9th - 12th Grade
•
Hard
Wayground Content
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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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