If a person is unable to understand the nature and effect of entering into a contract, he or she can avoid it
Indicate whether the statement is true or false
True
You might also like to view...
Which of the following statements is true about maximize net marketing contribution strategy?
A) It is an offensive core strategy. B) It results in inefficient use of marketing resources. C) It requires careful margin management. D) Its first step is to focus on optimal management of price-volume rather than margin-volume. E) It is most effective in very unattractive markets where the firm has a very weak competitive position.
At the same time, but, however, though, and yet are generally used to ________
A) suggest agreement B) contrast ideas C) show time and order D) ?clarify points
The CISG specifically excludes sales of which of the following?
a. Goods bought for personal, family, or household use. b. Ships or aircraft. c. Electricity. d. All of these are specifically excluded.
A reason often given for a corporate stock split is to:
A. absorb the treasury stock. B. increase the par value of the stock. C. protect the interest of creditors. D. reduce the market price of the stock.