For Amy's sixteenth birthday her parents give her money so she can make a down payment on a car she wants. She enters into a contract with a car dealer to make payments. This is a:
a. valid contract b. void contract
c. voidable contract
d. unenforceable contract
e. none of the other choices
c
You might also like to view...
Ferrari sports cars claim superior quality, performance, and style. Ferrari provides "perfection" at a premium price to keep its brand image intact. Which type of value proposition does Ferrari most likely position its products with?
A) more for the same B) more for more C) less for much less D) the same for less E) more for less
The path that a packet takes across an internet is a ________
A) physical link B) data link C) route D) all of the above
What is the relationship between the Fed's reserve requirement and the money supply?
What will be an ideal response?
Jacob and Emily were co-owners of a personal residence. As part of their divorce agreement, Emily paid Jacob cash for his interest in the personal residence. This cash payment results in a taxable gain to Jacob if he receives more cash than his share of the cost of the residence
a. True b. False Indicate whether the statement is true or false