If a Reasonable Period of Time Passes After a Minor

question 8

Multiple Choice

If a reasonable period of time passes after a minor reaches legal age and he or she has said nothing about disaffirming the contract,then in the eyes of the law it is considered as:

• A) disaffirmed.
• B) ratified.
• C) negligence.
• D) a void contract.

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Definitions:

Generic Business Strategies

Broad strategies a company can adopt to achieve competitive advantage, often categorized into cost leadership, differentiation, and focus strategies.

Business Variables

Factors that influence the outcomes of a business operation, such as sales volume, cost of goods sold, and operational expenses.

Management By Exception

A management style where leaders step in only when performance deviates significantly from set standards or expectations, allowing for autonomous operation under normal conditions.

Qualitative Analysis

A method of assessment that focuses on the quality and characteristics of materials rather than numerical measurements.