Explain the test for mental incapacity in contract law.

What will be an ideal response?


The test for mental incapacity applied in contract law is whether a party, at the time the contract was entered into, had sufficient mental capacity to understand the nature and effect of the contract. A person could be medically insane (e.g., suffering from paranoid delusions) but still have the legal capacity to contract. A person could be periodically insane but enter a binding contract during a lucid moment. A person could be senile, of less-than-ordinary intelligence, or highly neurotic but still be able to understand the nature of the transaction.

Business

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Social accounting can measure what types of things?

What will be an ideal response?

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Which stakeholders have high influence but have some or no interest in the project?

A) promoters B) shapers C) advocates D) observers

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Continuous probability distributions describe probabilities associated with random variables that are able to assume any finite number of values along an interval

Indicate whether the statement is true or false

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Lindsey has been offered a promotion within her company. The position is in her current department and provides tremendous opportunities for further career advancement

Lindsey is unsure about accepting the position because she's considering taking her career in a whole new direction. She calls her co-worker and friend Carley to discuss her situation. Which of the following is most likely to happen?a. Carley will listen for information on Lindsey's dilemma by asking questions about how she feels about her future boss. b. Carley will listen for information on Lindsey's dilemma by asking questions about what Lindsey thinks is unfulfilling about her current job. c. Carley will listen for support on Lindsey's dilemma by paraphrasing what she hears Lindsey say she expects in salary and bonuses. d. Carley will listen for support on Lindsey's dilemma by paraphrasing what she hears Lindsey say about her emotions toward the promotion.

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