Contractual capacity - Study guides, Class notes & Summaries

PVL3703 Assignment 3 (DETAILED ANSWERS) Semester 1 2024 - DISTINCTION GUARANTEED Answers, guidelines, workings and references .................... Question 1 One of the attractions at Wonderland Zoo is a train ride that takes customers to and from different locations at the zoo. Sipho, the technician in charge of inspecting and maintaining the train, overlooks some signs that the train is no longer in sound condition. Avril goes for a ride on the train. The operator of the train requests the per...

Worksheet 13.1: Contractual Capacity Review Practice Test. 1. Courts generally presume the existence of contractual capacity - CORRECT ANSWER T The age at which an individual is considered legally capable of conducting himself or herself responsibly., - CORRECT ANSWER Age of majority 3. When a minor who has entered into a contract opts to avoid that contract, she or he can choose the particular portions of the contract to disaffirm. - CORRECT ANSWER F 4. Espinoza is sixteen, but lo...

Contractual Capacity Overview Questions with verified correct answers - complete solution 2024.

1. Breakeven Point?: total cost = total revenue 2. Working capital ratio: current assets / current liabilities 3. Acid-test (quick) ratio: (cash + AR + short-term investments) / current liabilities 4. debt to assets ratio: total liabilities/total assets 5. FTE (full time equivalent): total number of hours per employee in a week / 40 (i.e. 12+14+40+30 div. by 40) 6. Profit margin: NOI/Tot. Revenue. Defined as "income to sales. 2 types, gross prof margin and net prof margin) 7. Net Operat...

Test Bank for Business Law and the Regulation of Business 13e 13th Edition by Richard A. Mann, Barry S. Roberts. ISBN-13: 2625 Full Chapters test bank included Part I: INTRODUCTION TO LAW AND ETHICS. 1. Introduction to Law. 2. Business Ethics. Part II: THE LEGAL ENVIRONMENT OF BUSINESS. 3. Civil Dispute Resolution. 4. Constitutional Law. 5. Administrative Law. 6. Criminal Law. 7. Intentional Torts. 8. Negligence and Strict Liability. Part III: CONTRACTS. 9. Introduction to Contr...

CON 3990 FAR Exam Practice Questions and Answers | Latest Update 2023/2024. FAR Part 2 -CORRECT ANSWER Definitions of Words and Terms FAR Part 3 -CORRECT ANSWER Improper Business Practices & Personal Conflicts of Interest FAR Part 4 -CORRECT ANSWER Administrative Matters FAR Part 5 -CORRECT ANSWER Publicizing Contract Actions FAR Part 6 -CORRECT ANSWER Competitive Requirements FAR Part 7 -CORRECT ANSWER Acquisition Planning FAR Part 8 -CORRECT ANSWER Required Sources of Supplies and Servic...

Contractual Capacity Overview Questions with verified correct answers.

Contractual Capacity Overview Questions with verified correct answers.

Personal Lines Insurance Practice Exam Questions and Answers Latest | 100% Correct. Bobby, age 16, borrows his parents' car without their permission and gets into an accident. Which of the following statements about coverage under the parents' personal auto policy is CORRECT? A) Bobby is covered by his parents' policy because he is included in the definition of named insured. B) Bobby is not covered for this accident because he used the car without permission. C) Bobby is not covered ...

(I received a 9 with this document) This document covers all topics which are discussed throughout the course from weeks 1-12. It contains all relevant and mandatory readings + class notes, KC notes and tutorial notes. Also, it contains important steps for the analysis in the Exam. Topics included: 1. 1st part formation 2. 1st part formation 3. Offer and Acceptance 4. Legal capacity / Formalities 5. The contents of the contract 6. Vitiating Factors 7. Contractual Remedies 8. T...