Contract Law Chapter 9

Minors have contractual capacity for non-necessaries.

• True

• False

Incapacitated parties can legally be forced into contracts if they are explained all of the terms.

• True

• False

After the age of majority, the power to disaffirm is immediately cut off if the person ratifies the contract.

• True

• False

Minority rights only end after the individual has turned 18.

• True

• False

Any person who drinks an alcoholic beverage lacks the legal capacity to make a valid binding contract.

• True

• False

The standard for necessaries are exactly the same from one person to another.

• True

• False

People acting outside the scope of their authority are generally personally liable whenever the organization is not.

• True

• False

Disaffirmance of a contract has to take place within sixty days once ratification occurs.

• True

• False

Minors are not usually liable for their torts.

• True

• False

Enlistment in the military is a contract that minors may disaffirm.

• True

• False