When a minor avoids contracts, the minor always must return the other contracting parties to their original financial positions

Indicate whether the statement is true or false


False

Business

You might also like to view...

While consumers favor green marketing and environmentally-safe products, most consumers are not willing to:

A) purchase green and environmentally-safe products because of higher prices B) support companies that are not pro-environment C) sacrifice price, quality, convenience, availability, or performance D) take time to decide which causes to support

Business

A ten-year lease obligation appears on the balance sheet of Generic Products Company. How would it most likely be classified on the balance sheet?

a. Long-term liability b. Current asset c. Long-term asset d. Contra-liability

Business

Which method for establishing the total marketing communications budget sets communication budgets to achieve the same amount of share-of-voice as competitors?

A) comparative-parity method B) objective-and-task method C) affordable method D) competitive-parity method E) percentage-of-sales method

Business

The level of departmental activity is higher with an integrated purchases processing system than it is with a basic technology system

Indicate whether the statement is true or false

Business