If Either Party Entering a Contract Lacks the Capacity to Contract

question 44

True/False

If either party entering a contract lacks the capacity to contract, the contract is void or voidable, depending on the kind of incapacity involved.

Compare and contrast the limitations on freedom during the Cold War with those during the Red Scare after World War I.

Understand the concept of renewable and nonrenewable natural resources and their availability.

Recognize the role and limitations of property rights in managing natural resources.

Understand the implications of user costs on resource extraction rates.