Under Common Law Parties Are Considered Have the Capacity to Enter

question 10

Multiple Choice

Under common law parties are considered have the capacity to enter into legally enforceable contracts if they have the ability to:

• A)fully understand the rights and obligations imposed by an agreement.
• B)enter into to a contract without the signature of a director,secretary or the Company Seal.
• C)sign their names properly in the appropriate places in the contract.
• D)all of the above.

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Definitions:

Knowledgeable

Possessing a lot of knowledge, information, or understanding.

Teenagers

Individuals typically aged between 13 and 19 years, experiencing physical, emotional, and social changes that transition them from childhood to adulthood.

Birth Control

Methods or devices used to prevent pregnancy by interfering with the natural process of ovulation, fertilization, or implantation.

Single Mother

A single mother is a woman who raises her child or children without the involvement or support of the child's father, due to various circumstances such as divorce, separation, death, or choice.