When a Former Minor Does Not Specifically State That He

question 46

Multiple Choice

When a former minor does not specifically state that he affirms a contract entered into as a minor, but takes some action that is consistent with intent to ratify the contract, which of the following has occurred?

• A) Implied ratification
• B) Express ratification
• C) Express novation
• D) Implied novation
• E) Continued safety

Understand and explain the concept of activity-based costing (ABC).

Grasp the purpose and applications of responsibility accounting systems.

Distinguish between direct and indirect expenses in departmental accounting.

Prepare and analyze departmental income statements.

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Definitions:

Spatial Cognition

The knowledge and processes used to represent and navigate in and through space.

Space Of Navigation

Space of navigation refers to physical or virtual environments in which individuals or objects move and orient themselves.

Spatial Updating

The process of continuously revising one's mental representation of the spatial environment based on movement or new information.

Cognitive Maps

Mental representations of physical spaces, allowing individuals to navigate and understand spatial environments.