A Minor May Enter into a Contract for the Sale

question 20

True/False

A minor may enter into a contract for the sale of alcoholic beverages if the other contractual party is an adult.

---

Definitions:

Producing

The process of creating, manufacturing, or bringing forth goods and services for consumption or use.

Pizza

A popular dish of Italian origin consisting of a flat, round base of dough baked with a topping of tomato sauce and cheese, often with added meat, fish, or vegetables.

Production Possibility Frontier

A model that illustrates the trade-offs facing an economy that produces only two goods. It shows the maximum quantity of one good that can be produced for any given quantity produced of the other.

Autarky Price

The price of a good or service in a closed economy that does not engage in trade with other economies.