Historically,which of the Following People Were Considered as Having Limited

question 20

Multiple Choice

Historically,which of the following people were considered as having limited or no capacity to contract?

• A)Minors and single women over 16
• B)Insane persons,single women,and minors
• C)Single women over 18 and insane persons
• D)Minors and insane persons
• E)Minors,insane persons,and married women

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Definitions:

Accumulate

The process of gathering or amassing items, such as profits, expenses, or information, over a period of time.

Present Value

The present worth of a future amount of money or series of cash flows, taking into account a certain rate of return.

Annuity

An economic product that delivers a constant payment stream to an individual, mainly used as a means of livelihood for people who are retired.

Concept

A general idea or understanding that serves as a foundation for developing theories, experiments, or innovations.