Examlex
Money cannot serve as a medium of exchange unless it also serves as a store of value.Is this statement true or false? Explain.
Funeral Expenses
Represent the costs associated with the services, products, and preparations for a person's burial or cremation.
Necessaries
Goods and services that are essential to a minor’s health and welfare.
Emancipated
In contract law, the condition that exists when minors are no longer under the control of their parents and are responsible for their contracts.
Disaffirm
The legal right of a party, particularly a minor or someone under duress, to renounce or void a contract or agreement.
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