
BLaw Ch 9 Study
Quiz
•
Business
•
10th - 12th Grade
•
Medium
Colton Wooldridge
Used 6+ times
FREE Resource
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25 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A person can have contractual capacity even if he or she cannot understand the wording of a contract.
True
False
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
For the voluntarily intoxicated, disaffirmance is only allowed if they did not even know they were making the contract.
True
False
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The party lacking capacity can generally disaffirm contracts for non-necessaries or, as an alternative, can enforce them against the party with capacity.
True
False
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In most jurisdictions, even if a minor cannot return everything that was received under a contract, the minor will receive back everything she or he put into the bargain.
True
False
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Minority ends the day before the birthday of the age set as the age of majority.
True
False
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
As soon as a person reaches the age of majority the legal power to disaffirm a contract is immediately ended.
True
False
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Emancipated minors may lose the power to disaffirm their contracts.
True
False
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