Fay,age 17,ordered a Pair of Skis on the Installment Plan

question 10

Multiple Choice

Fay,age 17,ordered a pair of skis on the installment plan.She paid $20 every month until she turned 18,the age of majority.The next day,she sold them to Sharon and disaffirmed the contract.Fay is:

• A) still liable since she had to disaffirm before her 18th birthday.
• B) still liable because selling the skis amounts to a ratification.
• C) not liable because she disaffirmed the contract.
• D) not liable because skis are not necessaries.

---

Definitions:

Motivation

The internal and external factors that stimulate desire and energy in people to be continually interested and committed to a job, role, or subject, and to exert persistent effort in achieving an objective.

Corporate Objectives

The specific, measurable goals that an organization aims to achieve to fulfill its strategic vision.

Competency Perspective

An approach that emphasizes the skills, knowledge, and capabilities that enable an individual or organization to perform effectively.

Task-Oriented

Focused on completing specific jobs or duties efficiently rather than on broader relationship or personal development goals.