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Whenever an Adult Enters into a Contract with an Infant

question 123

True/False

Whenever an adult enters into a contract with an infant, the adult is bound.


Definitions:

Immediate Delivery

The rapid transfer of goods or securities from seller to buyer without delay.

Sales Commissions

Payments made to salespersons, which are typically a percentage of the sales they generate.

Contract Price

The total monetary amount agreed upon in a contract for the sale of goods or services.

Repudiates

The act of refusing to accept or be associated with something, such as a contract or agreement.

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