A computer retailer sells some computer games to a minor. This contract is:

A) Unenforceable. B) Void.
C) Enforceable. D) Voidable.

D

Business

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Suppose a US company agrees to buy products worth 1 millions euros. At the time of the agreement, the $/€ exchange rate was $1 = €1.10, but at the time of payment, the exchange rate is $1 = €0.80. The additional money owed by the US company due the adverse movement in exchange rates between the time of the deal and the time when payment is due is called _________ exposure.

Fill in the blank(s) with the appropriate word(s).

Business

When stock dividends or stock splits occur, companies must restate the shares outstanding after the stock dividend or split, in order to compute the weighted-average number of shares

a. true b. false

Business