Which of the Following Contracts Would Be Void

question 72

Multiple Choice

Which of the following contracts would be void?

• A)A contract with a person declared mentally incompetent.
• B)A contract with a minor.
• C)A contract with a force majeure clause.
• D)All of the above are void.

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Definitions:

Materially Alter

To make significant changes to a document or object that could affect its value, function, or meaning.

Acceptance Of Terms

The agreement to abide by the conditions of an offer or contract.

Business Assets

Resources owned by a business that have economic value and can contribute to the company's future income, including both tangible and intangible items.

Payable In Installments

An agreement or obligation that allows payment to be made in parts or increments over a specified period, instead of a lump sum.