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BLAW 3430 Chapter 14 Exam Questions With Correct Answers

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BLAW 3430 Chapter 14 Exam Questions With Correct Answers...

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BLAW 3430
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BLAW 3430

Voorbeeld van de inhoud

BLAW 3430 Chapter 14 Exam Questions
With Correct Answers

Mel, who is age 17 but looks older than 18, makes a contract to buy a car from
Maisie, who is the age of majority. Maisie finds out Mel's age. Maisie may avoid
the contract even if Mel did not misrepresent his age. - ANSWER F

Sally goes away to college at 17, lives on her own and pays her own rent and
electric bills. If she makes a contract to buy a television set, in most
jurisdictions, she may assert her minority status and set aside the contract -
ANSWER T

Natalie, age 17, rented a power washer and while using the machine, she
negligently damaged it beyond repair. Under the majority view, the rental
company can successfully sue Natalie for damages on a tort theory of
negligence since it is well settled that minors are liable for their torts - ANSWER
F

Seventeen-year-old Teresa wants to disaffirm her student loan agreements. In
most states, she may do so. - ANSWER F

In a contract to sell necessaries to a minor, these goods and services are limited
to medical care, food, and shelter - ANSWER F

If Carrie, age 14, contracted to buy a fur coat by mail, the coat manufacturer
would not have to send it since the contract was void. - ANSWER F

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. -
ANSWER F

In general, if a minor lies about her age in order to induce the seller to contract
with her, she cannot disaffirm that contract. - ANSWER F

Everyone is regarded as having contractual capacity unless the law, for public
policy reasons, holds that the individual lacks such capacity. - ANSWER T

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

, The contracts of a person who is adjudicated insane and placed in care of a
guardian are void. - ANSWER T

If a person with a mental condition that impairs her ability to act in a reasonable
manner enters a contract that is grossly unfair, the contract is voidable -
ANSWER T

By the majority view, a minor need only return any property he has received
from the other party if the minor wishes to disaffirm the contract. He has no duty
to return the property in the same condition in which he received it. - ANSWER T

In general, a minor may only disaffirm a contract after he has reached the age of
majority. - ANSWER F

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

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

Contracts of a ward may be ratified by his guardian during the period of
guardianship. - ANSWER T

At common law, a minor was a person who was under the age of 21. - ANSWER T

To avoid a contract, an intoxicated person must have been so intoxicated as to
be unable to understand the consequences of his actions or unable to act in a
reasonable manner. - ANSWER T

Some states prescribe by statute a time period, usually one year, in which a
person who reached the age of majority may still disaffirm contracts made while
a minor. - ANSWER T

Disaffirmance must be express - ANSWER F

An automobile will never be considered be a necessary item for a minor. -
ANSWER F

Ratification does not need to be express; it may be implied from conduct. -
ANSWER T

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. - ANSWER T

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