Jessica at the Age of 15 Entered into a Contract

question 49

True/False

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.

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Definitions:

Balancing Interests Principles

Involves creating a fair and equitable approach to managing and reconciling the diverse and often competing interests of stakeholders in an organization or a project.

Probability of Effect

refers to the likelihood or chance that a specific action or condition will lead to a particular outcome or result.

Concern for Harmony Principles

Ethical values that prioritize peaceful, cooperative, and non-confrontational relations among individuals or groups.

Decision Making

The cognitive process of selecting a course of action from among multiple alternatives.