Goods and Services That Are Reasonably Needed to Maintain a Minor's

question 70

True/False

Goods and services that are reasonably needed to maintain a minor's standard of living, such as food, clothing, shelter, and medical services, are known as utilities .

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Definitions:

Bill of Sale

A written document that transfers ownership of an asset from a seller to a buyer.

Indorsed Title Certificate

A title certificate that has been legally transferred to another party through the process of endorsement, indicating ownership.

Deliver

The act of transferring an item from one party to another, with the intent of giving control or ownership of the item.

Bailment

A legal relationship in common law where physical possession of personal property is transferred from one person (the bailor) to another (the bailee) who temporarily holds it under an agreement.