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Transcript of LESSON 9-1. QUIZ - bisd303.org€¦ · STUDENT DATE / LESSON 9-1. QUIZ Legal Concepts Directions:...
STUDENT DATE
/ LESSON 9-1. QUIZ
Legal Concepts
Directions: In the Answers column, write the letter from Column 1 that representsthe word or phrase that matches the statement in Column 2.
Column 1
A. necessaries
B. disaffirmance
C. minority
D. minors
E. emancipation
F. age of majority
G. mental
incapacity
.t-1. scope oIauthority
I. contractualcapacity
I. intoxication
K. ratification
Column 2
People under the age of 1B
Condition in which a party to a contract is
unable to understand the contract
The range of acts that an organization
authorizes a person to do
Items that are required to maintain life
The ability to understand that a contract isbeing made and its general meaning
A state of mental impairment that resultsfrom using drugs, alcohol, or inhalants
The age of 18 or yoLrnger
The age of 18 in most states
An action with the intent to be bound bya contract
Both parties to a contract return theconsideration
The severing of the child-parentrelationship
Answers1 .
2 .
Legal Applicntion
72. Taryn is 16 years old in a state where the age of majority is 19. Taryn plans tobegin working at a restaurant next week. Her parents are willing to let her useone of their cars, but she wants her own car. If Taryn buys a car for fair marketvalue, would she be able to return the car and get a full refund? Explain youranswer.
2-58 Chapter 9 Legal Capacity to Contract
@ 2012 Cengage Learning. AII Rights Reserved. May not be copied, scanned, or duplicated, in whote or in part, except for use aspermitted in a l icense distributed with a certain product or service or otherwise on a password-protected websile for classroom use
STUDENT CLASS DATE
/ LESSON 9-2 QUTZ
Legal Concepts
Directions: Write Yes or No in the Answers column to indicate the correct answer.Answers
1. Can a person who Iacks contractual capacity disaffirm a contract 1.for goods and services that are not necessaries at any time afterattaining capacity?
2. Could a minor ratify a contract before achieving majority? 2.3. Does a new promise to perform as agreed constitute ratification? 3.4. Can the ratification of a contract be withdrawn? 4.5. If a minor disaffirms a tontract, will they be entitled to receive 5.
everything back that they gave to the other party?6. Do all states forbid minors to void contracts that have been 6.
approved by a court?7. Would a minor who enlisted in the armed services be per:mitted 7.
to disaffirm such a contract?8. Can marriage contracts be disaffirmed? B.9. Do minors usually have the right to disaffirm banking contracts? 9.
10. Do some states allow minors who sell real property to disaffirm 10.the sale after they achieve majority?
1.7" Are minors held liable for torts even though they have capacity 11.rights?
72. Is it possible for a minor who lied about his or her age to disaffirm 12.a contract?
13. Could a rninor who gave a false age be held liable for the tort of 13.false representation?
Legal Application
74. Don Alan was 77 and considered a minor when he began making payments onan engagement ring for his girlfriend, Angie. After three months, Don Alan hadpaid $565 on the $985 contract. Angie decided to break off the engagement, butshe refused to refttrn the ring to Don Alan. Can Don Alan receive a refund fromthe jeweler even though Angie has the ring? Explain your answer.
2-62 Chapter g Legal Capacity to Contract
O 2012 Cengage Learn ing . A l l R igh ts Reserved. May no t be cop ied , scanned, o rdup l ica ted , in who le o r in par t , excep l fo r use aspermitted in a l icense distributed with a certain product or service or otheMise on a password-protected website for classroom use