Question
Question 6 (1 point) Listen Legally, an intoxicated person lacks mental capacity and any contract they enter into can be voided if the judge allows
Question 6 (1 point)
Listen
Legally, an intoxicated person lacks mental capacity and any contract they enter into can be voided if the judge allows the case to go forward.
Question 6 options:
True | |
False |
Question 7 (1 point)
Listen
If a buyer wrongfully refuses to pay for goods, the seller can reclaim them and resell them, without crediting the e proceeds to the buyer.
Question 7 options:
True | |
False |
Question 8 (1 point)
Listen
Don enters into a contract to buy Ezra's office building for a certain price subject to an appraiser's evaluation of the structure's condition. If the appraiser deems the condition to be substandard, the parties' obligations will be
Question 8 options:
discharged | |
breached | |
altered | |
performed |
Question 9 (1 point)
Listen
With respect to different types of transactions, including ordinary loans, the purpose of a usury statute:
Question 9 options:
specify clauses that must be in contracts | |
set a maximum rate of interest.
| |
set a maximum rate of interest.
| |
set a maximum rate of interest.
|
Question 10 (1 point)
Listen
Renee, a minor, enters into a contract to buy two all-season passes from Ski Mountain Resort. The contract will be made enforceable if Renee:
Question 10 options:
ratifies it | |
disafirms it | |
nullifies it | |
voids it |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started