BLAW Ch. 9 Review

Front

A disaffirmed contract for a necessary may still be enforced against a minor for a reasonable value

Back

True

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

Front

The contracts of all those who lack capacity are void.

Back

False

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

Front

Minority ends the day after the birthday of the age of majority.

Back

False

Front

Minors are not usually liable for their torts.

Back

False

Front

When a person has the capacity to bind an organization to a contract, they are said to have:

Back

scope of authority

Front

The severance of the child parent relationship is referred to as: disaffirmance, ratification, emancipation, none of these

Back

emancipation

Front

Which of the following would most likely be classified as goods or services that were not necessaries?
apartment,
clothes,
cosmetics,
food

Back

cosmetics

Front

Acting toward a contract as though one intends to be bound by it is called:

Back

ratification