In Contract Law,a Minor Is Someone Under the Age of 21

question 42

True/False

In contract law,a minor is someone under the age of 21.

Learn how intelligence quotient (IQ) is calculated and understand its significance.

Comprehend the concept of mental age and how it relates to chronological age and intelligence measurement.

Understand how modern intelligence tests compare individual performance to age group norms.

Recognize the evolution of intelligence testing from single-factor theories to multifaceted approaches.

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Definitions:

Minor

A person who is below the legal age of majority, which varies by jurisdiction, making them legally incapable of entering into certain contracts and responsibilities.

Intoxicated Person

An individual under the influence of alcohol or drugs to the extent that their mental or physical capabilities are significantly impaired.

Manufacturer's Suggested Retail Price

The amount of money for which the maker of a product recommends that it be sold in retail stores, often used as a standard for pricing, though actual retail prices can vary.

Necessaries

Items or services deemed essential for daily living, such as food, shelter, clothing, and medical care, particularly in contexts involving the provision for those unable to contract for themselves, like minors.