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:

Customer Complaints

Expressions of dissatisfaction or concerns from customers regarding a company's products or services.

Nonprogrammed Decision

pertains to decisions made in response to situations that are unique, are poorly defined and largely unstructured, requiring a custom-tailored solution.

Unique Problem

Refers to a problem that is distinct and different in its characteristics, not fitting typical patterns or previous experiences.

Programmed Decisions

Decisions that are routine and repetitive, for which established rules or procedures can be developed and applied.