Minors Cannot Own Property in Their Own Name

question 14

True/False

Minors cannot own property in their own name.

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Definitions:

Aircraft

A vehicle designed to navigate through the air.

Returns to Scale

The change in output resulting from a proportional change in all inputs (factors of production) in the long run.

Inputs

Resources such as labor, materials, and capital that are used in the production process to create goods or services.

Output

The total amount of goods or services produced by a firm, industry, or economy over a certain period of time.