Which One of the Following Categories of Persons Do Not

question 143

Multiple Choice

Which one of the following categories of persons do not have their capacity to enter into contracts limited?

• A) married women
• B) infants
• C) status Indians
• D) insane or intoxicated persons
• E) bankrupts

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Definitions:

Debt Financing

A method by which companies or governments raise capital by borrowing funds, usually from a financial institution or through the issuance of bonds.

Value of a Firm

An assessment of the total worth of a business, considering all sources of equity and debt.

Debt Financing

The method of raising capital through the sale of bonds, bills, or notes to individuals or institutions.

Interest Tax Shield

The reduction in income taxes that results from taking the interest expense as a deductible charge.