Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. general management
  3. 1- why are minors held liable on a quasi contract

1- Why are minors held liable on a quasi contract basis for the reasonable value of...

90.2K

Verified Solution

Question

General Management

1- Why are minors held liable on a quasicontract basis for the reasonable value of necessariesfurnished to them?

2- Explain the test for mental incapacity in contractlaw.

3- Discuss the need for "real consent" as it relates tothe creation and enforcement of a contract.

4- Discuss whether silence can constitutefraud.

5- Distinguish between illegal wagering contracts andlegal risk-shifting and speculative bargainingagreements.

6- What is an exculpatory clause?

Answer & Explanation Solved by verified expert
4.2 Ratings (725 Votes)
1 Why are minors held liable on a quasi contract basis for the reasonable value of necessaries furnished to them Necessaries are defined as essential things for minors continued existence and their general welfare Minors are held liable    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Accounting
1.2K views

Selected Stock Transactions The following selected accounts appear in the ledger of Parks Construction Inc. at the...

Basic Math
1.2K views

#3. Given the conic section written in general form: x^2 - y^2 - 4x - 4y...

Psychology
1.2K views

I have a problem with getting my message clearly across. While giving my speech I like...

Basic Math
1.2K views

Write the number given below as a binary numeral 57 two

Accounting
1.2K views

prepare an income statement for chula vista co. for year 2022 owners capital january 1st...

Accounting
1.2K views

provide step by step instructions 1 2 Problem 2 Production Company, Optimization...

Accounting
1.2K views

In Logan Boots experience, gift cards that have not been redeemed within 12 months are...

Accounting
1.2K views

Give a specific real-life example of both relevant costs and irrelevant costs when making short-term...

Finance
1.2K views

Discounted payback period. Becker, Inc. uses the discounted payback period for projects costing less than...

Finance
1.2K views

"Assess how tax affects a project's valuation by evaluating the trade-offs of funding a project...

Finance
1.2K views

Which are the asset types of the future?

Accounting
1.2K views

Balance Sheet Nicole Corporation's year-end 2009 balance sheet lists current assets of $748,000, fixed assets...