Neil, a minor, attempts to return to its former owner, a set of skis that he bought, used, and wrecked, in a state in which a duty of restitution is imposed. Neil
A) can return the skis "as is" and avoid further liability
B) is not required to return the skis due to his or her minority.
C) must return the skis and pay for the damage.
D) cannot return the skis unless they can be fully restored.
C
You might also like to view...
In most cooperative advertising programs, retailers accrue co-op advertising monies based on purchases of the product from the manufacturer
Indicate whether the statement is true or false
The pecking-order model of capital structure suggests the order in which firms prefer to raise capital is:
A) debt, then retained earnings, then external equity. B) retained earnings, then debt, then external equity. C) preferred stock, then debt, then external equity. D) debt, then external equity, then retained earnings.
Which of the following are defined as comparisons among individuals doing the same job for the same organization?
A. Employee contributions B. Merit bonuses C. Merit increases D. Relational returns
A corporation CANNOT do which of the following?
a. Sue and be sued b. Be criminally prosecuted c. Own property d. Create law