In Order to Legally Avoid Contractual Liability, a Minor Must

question 16

Short Answer

In order to legally avoid contractual liability, a minor must always disaffirm the ____________________ contract.

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Definitions:

Selling Costs

Expenses incurred directly and indirectly from the sale of products or services, such as advertising and sales personnel salaries.

Maximum Price

The highest price that a buyer is willing to pay or that a seller is willing to accept for a good or service.

Pump Division

A specialized business segment within a company that focuses on the development, manufacturing, and sales of pumps and related products.

Valve Division

A segment or branch within a company that focuses on the production, development, or sale of valves.