Business Law Chapter 9 9.1 Contractual Capacity

Front

The contracts of all those who lack capacity are void.

Back

False

Front

A temporarily intoxicated person who did not even know she was entering into a contract of marriage could avoid the contract.

Back

True

Front

An habitual drunkard's contracts are

Back

void

Front

What is the most common age of majority to contract?

Back

18

Front

The three most common necessaries are food, education, and shelter.

Back

False

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