Flake, a Minor, Enters into a Contract to Buy an Electric

question 37

Multiple Choice

Flake, a minor, enters into a contract to buy an electric guitar. Flake does not take possession or make payments. With respect to the contract, most courts would hold that this is

• A) disaffirmance.
• B) emancipation.
• C) ratification.
• D) rescission.

Grasp the responsibilities and liabilities of accommodation parties.

Understand the procedure and implications of certifying a check.

Differentiate between the liability of qualified and unqualified indorsers in negotiable instruments.

Understand the concepts of variables in quantitative research and distinguish between independent and dependent variables.

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Definitions:

At-Will Employment

An employment arrangement where either the employer or the employee can terminate the employment at any time for any reason, except an illegal one.

Whistleblowing

The act of exposing any kind of information or activity that is deemed illegal, unethical, or not correct within an organization, either private or public, by an insider.

At-Will Employment

An employment arrangement in which an employee can be dismissed by an employer for any reason (that is not illegal) and without warning, just as the employee can leave their job without reason or warning.

Union Organizing

The process of forming or joining a labor union to represent workers in negotiations over wages, hours, and working conditions.