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Essentials of Business Law 7th Edition by Anthony Liuzzo
Edition 7ISBN: 978-1121749979Essentials of Business Law 7th Edition by Anthony Liuzzo
Edition 7ISBN: 978-1121749979 Exercise 8
Match each of the numbered definitions with the correct term in the following list. Write the letter of your choice in the answer column.
a. abandonment
b. age of majority
c. contractual capacity
d. competent party
e. disaffirmance
f. emancipation
g. incompetence
h. minor
i. necessaries
j. ratification
A person of legal age and normal mentality who is capable of understanding the meaning of a contract.
a. abandonment
b. age of majority
c. contractual capacity
d. competent party
e. disaffirmance
f. emancipation
g. incompetence
h. minor
i. necessaries
j. ratification
A person of legal age and normal mentality who is capable of understanding the meaning of a contract.
Explanation
Verified
Verified
Competent Party:
A person is mentally c...
Essentials of Business Law 7th Edition by Anthony Liuzzo
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