First Bank loans money to Kosum, a sixteen-year-old minor. Kosum must repay the loan a. if the

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First Bank loans money to Kosum, a sixteen-year-old minor. Kosum must repay the loan

a. if the loan is made for the express purpose of buying necessaries.

b. if First Bank makes sure the money is spent on necessaries.

c. if both a and b are true.

d. in none of the above circumstances.

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Business Law Text And Exercises

ISBN: 9780357717417

10th Edition

Authors: Roger LeRoy Miller, William E. Hollowell

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