Generally, a minor is liable under contract law for purchases of necessaries (e.g., food, clothing, shelter, and medical care). However,
a. the necessary that is bought must truly be needed and must not be something that is provided by, or is readily available from, the parent or guardian.
b. the price charged must be reduced to the seller's out-of-pocket costs, plus no more than 10% of gross profit on the item.
c. the goods must be guaranteed to last at least until the minor becomes an adult.
d. none of the above
a
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The ________ method is based on minimum distance or the nearest neighbor rule
A) single linkage B) medium linkage C) complete linkage D) average linkage
According to the ________ tradition, there surely can be cases of paternalistic manipulation, in which someone is manipulated for his or her own good.
Fill in the blank(s) with the appropriate word(s).
The numerator of the rate earned on total assets ratio is equal to
A) net income B) income before taxes C) income before interest D) net income minus preferred dividends
An assignee of contractual rights acquires only the same rights as the assignor
a. True b. False Indicate whether the statement is true or false