A lease agreement is signed by a lessee who is 16 years of age. Which of the following is true?
A) A 16-year-old person cannot sign a lease.
B) The lease agreement is voidable.
C) The lease agreement is valid provided the security deposit is increased.
D) The lease agreement is void.
Answer: B) The lease agreement is voidable.
Business
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Which of the following could not be a linear programming problem constraint?
A) 1A + 2B ? 3 B) 1A + 2B = 3 C) 1A + 2B ? 3 D) 1A + 2B ? 3
Business
Which of the following statements about contract law is TRUE?
A) Anyone can make a contract. B) A person can make a contract to do anything. C) Every agreement is a contract. D) Standard form contracts are regularly used by businesses and consumers. E) All of the above.
Business