Chapter13 Capacity NEW

Chapter13 Capacity NEW - MULTIPLE CHOICE QUESTIONS 1. Boyd...

Info iconThis preview shows pages 1–3. Sign up to view the full content.

View Full Document Right Arrow Icon
MULTIPLE CHOICE QUESTIONS 1. Boyd is a minor. As a minor, Boyd has the capacity to enter into a. an invalid contract. b. an unavoidable contract. c. a valid contract. d. no contract. 2. Cary is fifteen. In most states, Cary would be considered a minor because she is under the age of a. sixteen. b. eighteen. c. twenty. d. twenty-one. 3. Nina, a seventeen-year-old, signs a contract to sell her car to OK Used Cars. Nina receives a better offer the next day from Perfect Pre- owned Cars, Inc., and accepts the new offer. Nina is a. liable to OK and must sell it a car of comparable value. b. liable to OK and must sell it her car. c. not liable to OK because she is a minor. d. not liable to OK because the sale of the car disaffirmed their deal. 4. Jill, a minor, is living at home with her parents, but signs a lease with a landlord to rent an apartment. Jill can a. disaffirm the lease because her parents can be held liable for it. b. disaffirm the lease without liability. c. not disaffirm the lease because an apartment is a “necessary.”
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
d. not disaffirm the lease if she intended to live on her own. 5. Gary, a minor, buys a car from Hot Cars, Inc., in a state in which a duty of restitution is imposed. After wrecking the car, Gary wants to return it. Gary a. can keep the car without paying for it or the damage. b. cannot return the car unless it can be fully repaired. c. can return the car but must pay for the damage. d. can return the car without paying for the damage. 6. Ann, an emergency medical technician, renders medical care to
Background image of page 2
Image of page 3
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 05/18/2011 for the course BUSINESS 2041 taught by Professor Miller during the Fall '08 term at DeAnza College.

Page1 / 6

Chapter13 Capacity NEW - MULTIPLE CHOICE QUESTIONS 1. Boyd...

This preview shows document pages 1 - 3. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online