Question 1

Contractual incapacity excuses a minor from an obligation to pay for necessaries.

Accepted Answer

A) True 
 B)False

Question 2

All states agree that a minor who has fraudulently misrepresented her age when entering into a contract has no power to disaffirm the contract.

Accepted Answer

A) True 
 B)False

Question 3

What is the doctrine of liability for a tort connected with a contract?

Accepted Answer

Minors are generally liable for their to...

Question 4

Jessica at the age of 15 entered into a contract to sell five acres of land to her uncle. She may disaffirm this contract at any time before reaching her majority.

Accepted Answer

A) True 
 B)False

Question 5

If Marie, a minor, disaffirms the purchase of her new car that she has recently wrecked, in most jurisdictions she need only return the damaged vehicle to validly disaffirm the contract.

Accepted Answer

A) True 
 B)False

Question 6

Discuss the effect of a court's declaring someone incompetent and appointing a guardian.

Accepted Answer

The effect of a court's declaring a pers...

Question 7

The doctrine of necessaries applies in the same way to minors and mental incompetents.

Accepted Answer

A) True 
 B)False

Question 8

The minority of states require that the minor, when effecting a disaffirmance of the contract, pay at least a reasonable amount for the use of the property or the amount by which the property depreciated while in the hands of a minor.

Accepted Answer

A) True 
 B)False

Question 9

For purposes of defining a minor's contractual liability, necessaries are limited to medical care, food, and shelter.

Accepted Answer

A) True 
 B)False

Question 10

In some states, minors are liable for contracts involving bank accounts and student loans and cannot avoid these contracts even though they can avoid other types of contracts.

Accepted Answer

A) True 
 B)False

Question 11

Carlie contracted to purchase an entertainment center while she was 16. She can ratify the contract the following year.

Accepted Answer

A) True 
 B)False

Question 12

Discuss a minor's duty to a seller upon disaffirmance of a contract for the sale of goods.

Accepted Answer

Courts do not agree on how to handle a m...

Question 13

What are the ways in which a minor may disaffirm a contract? What is the effect of a minor's misrepresenting age in order to enter into a contract? Explain.

Accepted Answer

A minor's contract is voidable at his op...

Question 14

Ratification makes a contract void from the beginning .

Accepted Answer

A) True 
 B)False

Exam 14: Contractual Capacity

For purposes of defining a minor's contractual liability, necessaries are limited to medical care, food, and shelter.

Correct Answer
verified

Jessica at the age of 15 entered into a contract to sell five acres of land to her uncle. She may disaffirm this contract at any time before reaching her majority.

Correct Answer
verified

If Marie, a minor, disaffirms the purchase of her new car that she has recently wrecked, in most jurisdictions she need only return the damaged vehicle to validly disaffirm the contract.

Correct Answer
verified

Discuss the effect of a court's declaring someone incompetent and appointing a guardian.

Correct Answer
verified
The effect of a court's declaring a pers...
View Answer

Contractual incapacity excuses a minor from an obligation to pay for necessaries.

Correct Answer
verified

The doctrine of necessaries applies in the same way to minors and mental incompetents.

Correct Answer
verified

What are the ways in which a minor may disaffirm a contract? What is the effect of a minor's misrepresenting age in order to enter into a contract? Explain.

Correct Answer
verified
A minor's contract is voidable at his op...
View Answer

In some states, minors are liable for contracts involving bank accounts and student loans and cannot avoid these contracts even though they can avoid other types of contracts.

Correct Answer
verified

Discuss a minor's duty to a seller upon disaffirmance of a contract for the sale of goods.

Correct Answer
verified
Courts do not agree on how to handle a m...
View Answer

Ratification makes a contract void from the beginning .

Correct Answer
verified

All states agree that a minor who has fraudulently misrepresented her age when entering into a contract has no power to disaffirm the contract.

Correct Answer
verified

The minority of states require that the minor, when effecting a disaffirmance of the contract, pay at least a reasonable amount for the use of the property or the amount by which the property depreciated while in the hands of a minor.

Correct Answer
verified

What is the doctrine of liability for a tort connected with a contract?

Correct Answer
verified
Minors are generally liable for their to...
View Answer

Carlie contracted to purchase an entertainment center while she was 16. She can ratify the contract the following year.

Correct Answer
verified

Exam 14: Contractual Capacity

For purposes of defining a minor's contractual liability, necessaries are limited to medical care, food, and shelter.

Correct AnswerverifiedShow Answer

Jessica at the age of 15 entered into a contract to sell five acres of land to her uncle. She may disaffirm this contract at any time before reaching her majority.

Correct AnswerverifiedShow Answer

If Marie, a minor, disaffirms the purchase of her new car that she has recently wrecked, in most jurisdictions she need only return the damaged vehicle to validly disaffirm the contract.

Correct AnswerverifiedShow Answer

Discuss the effect of a court's declaring someone incompetent and appointing a guardian.

Correct AnswerverifiedThe effect of a court's declaring a pers...View AnswerShow Answer

Contractual incapacity excuses a minor from an obligation to pay for necessaries.

Correct AnswerverifiedShow Answer

The doctrine of necessaries applies in the same way to minors and mental incompetents.

Correct AnswerverifiedShow Answer

What are the ways in which a minor may disaffirm a contract? What is the effect of a minor's misrepresenting age in order to enter into a contract? Explain.

Correct AnswerverifiedA minor's contract is voidable at his op...View AnswerShow Answer

In some states, minors are liable for contracts involving bank accounts and student loans and cannot avoid these contracts even though they can avoid other types of contracts.

Correct AnswerverifiedShow Answer

Discuss a minor's duty to a seller upon disaffirmance of a contract for the sale of goods.

Correct AnswerverifiedCourts do not agree on how to handle a m...View AnswerShow Answer

Ratification makes a contract void from the beginning .

Correct AnswerverifiedShow Answer

All states agree that a minor who has fraudulently misrepresented her age when entering into a contract has no power to disaffirm the contract.

Correct AnswerverifiedShow Answer

The minority of states require that the minor, when effecting a disaffirmance of the contract, pay at least a reasonable amount for the use of the property or the amount by which the property depreciated while in the hands of a minor.

Correct AnswerverifiedShow Answer

What is the doctrine of liability for a tort connected with a contract?

Correct AnswerverifiedMinors are generally liable for their to...View AnswerShow Answer

Carlie contracted to purchase an entertainment center while she was 16. She can ratify the contract the following year.

Correct AnswerverifiedShow Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified
The effect of a court's declaring a pers...
View Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified
A minor's contract is voidable at his op...
View Answer

Correct Answer
verified

Correct Answer
verified
Courts do not agree on how to handle a m...
View Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified
Minors are generally liable for their to...
View Answer

Correct Answer
verified