A Minor's Ratification of a Contract Will Be Binding on the Minor

question 47

Multiple Choice

A minor's ratification of a contract will be binding on the minor if it is made:

• A) at any time before or after entering into the original contract.
• B) at any time after the original contract has been formed.
• C) at any time and contains a clear statement of the minor's intent to be bound.
• D) at any time when the minor understands the terms and implications of the contract.
• E) at any time after the minor has reached the age of majority.

Identify the legal frameworks governing the use of juries in Canadian courts.

Understand the procedures and limitations associated with small claims courts.

Comprehend the principle and application of limitation periods in civil litigation.

Recognize the functions and limitations of judicial review in administrative law.

---

Definitions:

Subordinates

Individuals who are lower in rank or position in an organizational hierarchy and report to a superior.

Executive Transition

The process of changing leadership within an organization, including the transfer of responsibilities and roles.

Shared Responsibility

A principle where multiple parties are held accountable for the outcomes of a particular objective or task, emphasizing collaboration.

Nonprofit Boards

Governing bodies responsible for overseeing the mission, strategy, and financial management of nonprofit organizations.