What Precaution Can a Business Person Take When Contracting with a Minor

question 9

Multiple Choice

What precaution can a business person take when contracting with a minor?

• A)A business person can require an adult to join the contract as a cosigner.
• B)A business person can prohibit a minor from disaffirming the contract.
• C)A business person can require the contract to be a simple contract.
• D)A business person can limit business to online business transactions.

Understand the impact of sociodemographic factors on HIV/AIDS prevalence and transmission.

Acknowledge the significance of consistent use of preventive measures against HIV.

Recognize the concept of a retrovirus and its relevance to HIV.

Understand the definition and implications of being diagnosed with AIDS.

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Definitions:

Least-Cost Combination

is an economic principle that firms achieve by using the mix of inputs that minimize their costs while producing a given level of output.

MRP

Marginal Revenue Product; the additional revenue generated by employing one more unit of a resource or factor of production.

Resources

Assets, materials, and inputs needed for the production of goods and services, including natural resources, labor, and capital.

Perfectly Competitive

A market structure characterized by many buyers and sellers, homogenous products, and the absence of barriers to entry or exit, leading to optimal pricing and output.