Which of the following is true of a contract between two minors?
A) Only the person of a lower age has the right to avoid the contract.
B) Each minor has the right to avoid the contract.
C) Each minor is bound by the contract
D) Each minor is bound until he or she reaches the age of majority.
B
You might also like to view...
If an investor has the right to retire the bonds, they are referred to as callable
a. True b. False Indicate whether the statement is true or false
Which of the following communication skills are used when you listen to instructions and ask questions for clarification?
A. Listening and reading B. Listening and writing C. Reading and writing D. Listening and speaking
In _____,firms either acquire foreign firms or develop new facilities from the ground up in foreign countries.
A. direct investment B. a strategic alliance C. foreign franchising D. countertrade
Which of the following would not be a period cost?
A. Sales salaries. B. Legal costs. C. Tamper-proof packaging. D. Sales commissions. E. Accounting costs.