A factual incapacity may exist when, because of a mental condition caused by medication, drugs, alcohol, illness, or age, a person does not understand that a contract is being made or understand its general nature
Indicate whether the statement is true or false
True
You might also like to view...
When you're concluding a business presentation,
A) briefly restate the main points you covered during the presentation. B) bring up any information you forgot to include during the presentation. C) share an email address to respond to questions that the audience may have. D) don't let the audience know you're ready to close the presentation. E) let your audience decide how they feel and what they'll do about your presentation.
Which of the following would be considered a capital expenditure?
a. Cost to acquire a printing press b. Cost to lubricate a machine c. Cost to replace some light bulbs d. Cost to paint the factory wall
At Kearns, Inc, the management team has decided to improve its use of marketing measurement. Rachel Brown has been charged with overseeing the process issues related to marketing measurement
Which of the following is Rachel most likely responsible for? A) assigning sales people to key customers B) creating the media plan C) determining a bonus structure for effective use of measurement data D) assigning members of the IT department to manage the CRM program E) hiring researchers to analyze data and develop insights
Treasury stock or treasury shares are shares a firm has previously issued and later reacquired. Reasons for reacquiring outstanding common stock include which of the following?
a. to use in option arrangements, only b. to invest excess cash, only c. to defend against an unfriendly takeover bid, only d. to distribute cash to shareholders in a tax-advantaged way, only e. to use in option arrangements, to invest excess cash, to defend against an unfriendly takeover bid, and to distribute cash to shareholders in a tax-advantaged way