Java Games: Flashcards, matching, concentration, and word search.

Business Law Chapter 7 Review

AB
RatifyThe procedure by which a minor can approve a voidable contract on reaching majority.
EmancipatedMinors who are no longer under the control of their parents.
MinorityTerm used to describe a person who has not reached the age of legal adulthood.
CapacityLegal ability to enter a contract.
AliensPeople who are living in this country, but who owe their allegience to another country.
NecessariesItems such as food, clothing, shelter, or medical supplies for which a minor can be held responsible for fair value.
GuardianOne who is appointed by the court to look after the affairs of a mentally incompetent person.
MajorityStatus of a person who has reached the age at which full civil rights are granted.
Rebuttable PresumptionAn assumption that can be challenged in a court of law.
MinorYoung person who has not reached the age of legal adulthood.
18The age of majority in most states.
FraudA minor who claims to be over the age of majority commits this.
Voidable ContractA contract that a party to it is able to void or cancel for some legal reason.
AbandonedWhen an emancipated minor gives up the protection afforded to them as minors.



This activity was created by a Quia Web subscriber.
Learn more about Quia
Create your own activities