Which of the Following Is Untrue Regarding the Contracts of Incompetent

question 3

Multiple Choice

Which of the following is untrue regarding the contracts of incompetent persons?

• A) An incompetent person is liable for necessaries.
• B) Unlike a minor, an incompetent person can never ratify a contract.
• C) To avoid a contract, a person need not be permanently incompetent.
• D) Under the cognitive ability test, a person is incompetent if he is unable to understand the nature and effect of his act.

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Definitions:

Communication Mediums

The various channels or technologies used to convey information or messages between people.

Territorial Space

The area around oneself that a person will not allow another person to enter without consent.

Proof Statement

A declaration or evidence provided to substantiate claims made about the efficacy or benefits of a product or service.

Source Credibility

The level of trustworthiness, expertise, and believability that consumers perceive in a source of information.