How is a contract with a minor affected by the minor’s ratification of the contract?
Answer to relevant QuestionsA minor is held legally responsible if he or she injures another person or another person’s property. Would it make a difference if the injury were accidental? Indicate whether each of the following statements is true or false by writing T or F in the answer column. 1. A contract is always legal and enforceable as long as the parties are competent and they have a mutual ...There are numerous risks in the preparation of contracts. Some must be written as specified by the Statute of Frauds, while others need not be. In teams of three or four, interview owners or managers of several small ...Working in teams of three or four, interview the owners or managers of small businesses to determine whether they typically get involved in contract assignments. Indicate whether each of the following statements is true or false by writing T or F in the answer column. 1. A bill of sale must be prepared on a specific legal form. 1. ___________ 2. Title is proof of ownership as ...
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