Legal incapacity to make a binding contract. a. abandonment b. age of majority c. contractual c apacity
Question:
Legal incapacity to make a binding contract.
a. abandonment
b. age of majority
c. contractual c apacity
d. competent pa rty
e. disaffi rmance
f. emancipation g. incompetency h. minor i. necessaries j. ratifi cation
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (QA)
The correct answer is g incompetency Legal incapacity to make a ...View the full answer
Answered By
Bhartendu Goyal
Professional, Experienced, and Expert tutor who will provide speedy and to-the-point solutions. I have been teaching students for 5 years now in different subjects and it's truly been one of the most rewarding experiences of my life. I have also done one-to-one tutoring with 100+ students and help them achieve great subject knowledge. I have expertise in computer subjects like C++, C, Java, and Python programming and other computer Science related fields. Many of my student's parents message me that your lessons improved their children's grades and this is the best only thing you want as a tea...
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Match each of the numbered definitions with the correct term in the following list. Write the letter of your choice in the answer column. a. Abandonment b. Age of majority c. Contractual capacity d....
-
A person of legal age and normal mentality who is capable of understanding the meaning of a contract. a. abandonment b. age of majority c. contractual c apacity d. competent pa rty e. disaffi rmance...
-
Statutory legal age. a. abandonment b. age of majority c. contractual c apacity d. competent pa rty e. disaffi rmance f. emancipation g. incompetency h. minor i. necessaries j. ratifi cation
-
Suppose you have agreed to take a short-term loan amounting of $2,000,000 from your banker. The loan tenure begins on 3 months from today and the financing rate is based on 6-month LIBOR. However,...
-
The Chief Risk Officer has asked you to perform an enterprise-wide risk assessment. Write a proposal that shows your plan for the risk assessment project. Identify risk areas and the criteria to be...
-
Assume that a period of deflation leads to a rise in the supply of real money balances. Explain the effect of this change on the economy using the ISLM model and then what effect it would have on AD...
-
The A-36 steel bar consists of two segments, one of circular cross section of radius \(r\), and one of square cross section. If the bar is subjected to the axial loading of \(P\), determine the...
-
A successful businessman in the community has contacted the Moose County Board of Commissioners about donating income producing securities to the County to support a particular activity. Under the...
-
On December 31, 2021, Sunland Company issues 185,000 stock-appreciation rights to its officers entitling them to receive cash for the difference between the market price of its stock and a...
-
The ability of a party to make a contract. a. abandonment b. age of majority c. contractual c apacity d. competent pa rty e. disaffi rmance f. emancipation g. incompetency h. minor i. necessaries j....
-
The act of canceling a voidable contract. a. abandonment b. age of majority c. contractual c apacity d. competent pa rty e. disaffi rmance f. emancipation g. incompetency h. minor i. necessaries j....
-
Gregg Industries manufactures plastic molded chairs. The three models of molded chairs, all variations of the same design, are Standard, Deluxe, and Executive. The company uses an operation-costing...
-
Using the cost-minimization model, show what happens when the cost of labor, the wage rate, declines. Correctly label all parts of the graph and identify the changes in labor demand associated with...
-
Put Your Money Where Your Mouth Is For yourassignment, you will select a stock and determine the historical volatility of the stock. Part OneGather Your Data Select a stock that you'd like to learn...
-
Capital Structure Project - W. M. Wrigley Jr.(10pts * 6 = 60 pts) For this project, please use Excel to do your calculations and analysis and then type a report in MS Word. Your report should clearly...
-
Calculate Apple Days of inventory in 2017? In fiscal year 2017, Apple Inc. reported cost of goods sold of $141,048 million and inventory valued at $4,855 million. Apple's days of inventory in 2017...
-
1.1 Distinguish between four levels of strategy in business organisations with specific reference to the decision-making roles of managers. Next to each manager, provide an example of a decision that...
-
If the period of time covered by a companys payroll does not coincide with the last day of the year for financial reporting, how is accounting for the payroll affected by this situation?
-
Reduction in sales All of the above 29. Belt of an electric motor is broken, it needs a. Corrective maintenance b. Scheduled maintenance c. Preventive maintenance d. Timely maintenance. 30. The...
-
How might a job costing system used by a service organization differ from a job costing system used by a manufacturing organization?
-
Why is it important for movie studios to have accurate costs for each movie produced?
-
How does a job costing system help a company evaluate the profitability of jobs?
-
16. Define recursion in programming languages (PL). Must a PL support recursive functions and calls? Can an inherently recursive problem be solved in a PL that does not support recursive calls? If...
-
3. Write a python script (program) titled createmat.py that prints out each of the following matrices as numpy arrays or matrices. Do not manually assign the numbers at each position of the matrix,...
-
Type the program's output import java.util.ArrayList; public class IntegerManager { public static void main(String[] args) { ArrayList intList = new ArrayList (); intList.add(3); intList.add(5) ;...
Study smarter with the SolutionInn App