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.

Identify strategies for follow-up and expressing continued interest after job interviews.

Know how to discuss salary and other employment terms effectively with potential employers.

Understand strategies to address and mitigate implicit bias in interviews.

Grasp the goals and techniques of different types of interviews, including screening, stress, panel, and open-ended interviews.

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Definitions:

Professional Sports

Athletic activities and competitions conducted by individuals who receive financial compensation for their performance.

Minimum Wage

The minimum wage permitted by law for the majority of employees.

Unemployed Workers

Individuals actively seeking employment but unable to find work, comprising part of the labor force that is not currently employed.

Labor Demand

The total amount of workers that employers in an economy want to hire, which varies depending on wage levels, technological changes, and overall economic conditions.