Which of the Following Is True About the Ratification of a Contract

question 66

Multiple Choice

Which of the following is true about the ratification of a contract by a minor?

• A)A minor can only ratify a contract after reaching the age of majority.
• B)A minor cannot ratify a contract that falls under the necessaries of life doctrine.
• C)A minor can ratify a contract during the period of minority if he or she so wishes.
• D)A minor can ratify a contract under the guidance of a parent or legal guardian.

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Definitions:

Resource Utilization

The efficient and effective deployment of an organization's resources when and where they are needed.

Goal Attainment

The process of achieving predetermined objectives or targets, often measured by specific criteria or milestones.

Organizational Performance

The degree to which an organization achieves its predetermined objectives, reflecting on its efficiency, effectiveness, and overall success.

Performance Effectiveness

The degree to which an individual, group, or organization meets its goals and objectives successfully.