Which of the following statements is true?
A) Restoration is what a minor is entitled to receive upon disaffirming a contract.
B) Restitution is placing the other party back in the position it was in prior to the contract.
C) Revocation refers to a party returning the consideration received in a contract.
D) Rejection can occur only as part of a counteroffer.
B
Business
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In a limited liability partnership, partners have limited liability as long as they do not participate in the management of the business
a. True b. False
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