Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

49. Parents a. are generally not liable for their minor childrens contracts. b. are generally liable for their minor childrens contracts. c. are generally liable

49. Parents

a. are generally not liable for their minor childrens contracts.

b. are generally liable for their minor childrens contracts.

c. are generally liable for their minor childrens contracts but can disaffirm the contracts if done promptly.

d. are generally liable for contracts entered into by a child at least 16 years of age but no older than 18.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Trusted Advisors Key Attributes Of Outstanding Internal Auditors

Authors: Richard F. Chambers, President And CEO Of The IIA

1st Edition

0894139819, 978-0894139819

More Books

Students also viewed these Accounting questions

Question

What is the most important principle in designing networks?

Answered: 1 week ago