Generally, when a person of legal age makes a contract with a minor, the contract is voidable by either party
Indicate whether the statement is true or false
False
You might also like to view...
Why does Xerox Corporation take out full-page ads in national publications stressing that it is improper to use the word Xeroxing when referring to making a photocopy?
What will be an ideal response?
Analysis of the financing activities section of the statement of cash flows will disclose
a. the extent of investments in plant and equipment. b. net income for the period. c. any sales or repurchases of stock. d. the amount of money loaned to others.
Which of the following budgets must managers prepare before they can prepare a direct materials purchases budget?
A) Labor budget B) Overhead budget C) Production budget D) Cost of goods manufactured budget
The major difference between consumerism and social responsibility is that consumerism is _____
a. based on legal issues, whereas social responsibility is based on moral issues b. based on moral issues, whereas social responsibility is based on legal issues c. concerned with an obligation to all parties, whereas social responsibility reflects an obligation to final consumers d. concerned with an obligation only to consumers, whereas social responsibility reflects an obligation to all parties