BLAW Ch. 9 & 10 Review

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

• True

• False

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.

• True

• False

The contracts of all those who lack capacity are void.

• True

• False

A contract for goods or services that are not necessaries entered into while a person is a minor can be disaffirmed:

• anytime

• anytime after achieving the age of majority

• anytime during minority

• none of these

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

• True

• False

Minors are not usually liable for their torts.

• True

• False

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

• a free range

• scope of authority

• both of these

• none of these

The severance of the child parent relationship is referred to as:

• disaffirmance

• ratification

• emancipation

• none of these

Which of the following would most likely be classified as goods or services that were not necessaries?

• apartment

• clothes

• cosmetics

• food

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

• contractual capacity

• ratification

• disaffirmance

• none of these