Multiple Choice
Which of the following is not true regarding the contracts of incompetent persons?
A) An incompetent person is liable for necessaries.
B) Unlike a minor,an incompetent person can never ratify a contract.
C) To avoid a contract,a person need not be permanently incompetent.
D) A person is competent unless he is unable to understand the nature and effect of his act.
Correct Answer:
Verified
Correct Answer:
Verified
Q59: Kris,age 17,who looks 18 or older,makes a
Q60: Tim,who is a minor,enters into a contract
Q61: Courts treat contracts of incompetents and intoxicated
Q62: John is 17 years old and earns
Q63: Which of the following is not true
Q64: Disaffirmance may be express,but it may not
Q65: Sixteen-year-old Trevor has run out of money
Q66: Chloe,age 16,sold Mark,age 22,the briefcase she got
Q67: Anna is 88 years old and under
Q69: In general,a minor may only disaffirm a