A minor who does not misrepresent his or her age can disaffirm negotiable instruments
Indicate whether the statement is true or false
TRUE
You might also like to view...
Which of the following options is a way to manage calculus-based distrust?
A. Assume the other party will exploit or take advantage of you. B. Minimize whatever interdependence you have with the other party. C. Prepare formal agreements that specify consequences. D. Never take their word as given-check out and verify all information.
Unrealized Gain on Trading Investments is reported in which financial statement?
a. balance sheet b. statement of owner's equity c. None of these choices. d. income statement
Jana and Annie enter into a written agreement whereby Jana promises to sell and Annie
promises to buy a certain parcel of land for $5,000. There is adequate consideration, the contract is legal and both parties have contractual capacity. The contract is fully performed by both parties on January 1. Which of the following best describes this contract as of January 2? A) Unilateral, implied, executory, valid B) Bilateral, express, executed, valid C) Unilateral, express, executed, valid D) Unilateral, express, executory, valid
Firms can close the ________ gap by matching customer expectations with actual service through use of marketing metrics.
A. seniority B. delivery C. communication D. standards E. knowledge