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BUL 5810 Chapter 14 Homework Quizzes Questions and Answers

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BUL 5810 Chapter 14 Homework Quizzes

Institution
BUL 5810 FSU
Course
BUL 5810 FSU

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BUL 5810 Chapter 14 Homework
Quizzes

What is the effect of slight intoxication on the capacity of a person to enter into a
contract?
A. If an intoxicated person is unable to understand the nature and consequences of his
act, then the contract is voidable.
B. The effect of intoxication is generally the same as that given to contracts that are
voidable because of incompetency.
C. Slight intoxication will not destroy one's contractual capacity.
D. To make a contract voidable, a person need not be so drunk that he is totally without
reason or understanding. - answerC. Slight intoxication will not destroy one's contractual
capacity.

Once __________ a minor cannot avoid a contract.
A. processed
B. signed
C. ratified
D. voidable - answerC. ratified

For the issue of capacity, a court will examine whether a party to the contract lacked
contractual capacity when:
A. the time set for performance of the contract.
B. the time the value of the bargain becomes clear.
C. the time the contract was made.
D. the time the plaintiff expresses dissatisfaction with the contract terms. - answerC. the
time the contract was made.

The type of substance ingestion that could lead a court to find one lacking in capacity is:
A. the person is a chronic alcoholic.
B. because of mental impairment, the person does not comprehend that a contract is
being made or understand its consequences.
C. the person is a drug addict.
D. All of these are correct. - answerB. because of mental impairment, the person does
not comprehend that a contract is being made or understand its consequences.

Courts allow a minor a certain amount of time to disaffirm a contract when he turns 18
years of age. That time period is:
A. a reasonable period of time after reaching the age of majority.
B. 30 days from learning of his or her right to disaffirm.
C. Ten days from his 18th birthday.

, D. one year from the date of the agreement. - answerA. a reasonable period of time
after reaching the age of majority.

Which of the following is most likely to be classified as a necessary for which a minor
will be held liable on a contract?
A. A television.
B. School supplies.
C. Education.
D. Food. - answerD. Food.

A minor may avoid or __________ a contract by any expression of an intention to
repudiate the contract.
A. ratify
B. disaffirm
C. incapacitate
D. restitute - answerB. disaffirm

When a minor's guardian furnishes her with an adequate wardrobe would a new hoodie
be a necessary (in the majority of states)?
A. Yes, the hoodie is a necessary because it is clothing.
B. Yes, it is a necessary if the minor decides she needs it.
C. No, necessaries are items not provided by the guardian.
D. No, the minor is not stuck with clothing of the guardian's choice. - answerC. No,
necessaries are items not provided by the guardian.

Every adult is presumed to have capacity unless:
A. they cannot read and write.
B. it is proven that capacity is lacking or there is status incapacity.
C. they understand the full legal meaning of the contract being made.
D. there was a clause of the contract they did not understand. - answerB. it is proven
that capacity is lacking or there is status incapacity.

When it is said that a contract made by a minor is voidable, which of the following is
true?
A. While still a minor, he can disaffirm the contract and return the property.
B. At any time before he turns 21, he can disaffirm the contract and return the property.
C. Within 72 hours of the contract a minor can disaffirm the contract.
D. None of these are correct. - answerA. While still a minor, he can disaffirm the
contract and return the property.

What is the capacity of a person adjudicated incompetent by a court order?
A. A merchant might be able to recover the fair value of any necessaries.
B. The person's own contracts are void.
C. The guardian may be able to ratify contracts made by the ward.
D. All of these are correct. - answerD. All of these are correct.

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BUL 5810 FSU
Course
BUL 5810 FSU

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