Answer:
See explanation below.
Explanation: At common law, minors are allowed to enter into contracts, never minding their provisions. The validity of the contract and its' individual provisions themselves, may or may not be enforceable depending on many other factors.
Therefore, exculpatory clauses are generally not favored by courts and when they are upheld, they are construed strictly against those attempting to invoke them.
Beaver attempted to disaffirm the contract in what is assumed to be a reasonable time by her action of filing suit against the operator. However, most states only permit a minor to disaffirm a contract in its' entirety.
some courts refuse to allow minors to disaffirm fully performed contracts unless they can return all consideration received; and some courts permit disaffirmance but subject the minor to tort liability for his or her misrepresentation.
Also, the court could conclude that Beaver did in fact implicitly accept its terms. However, when a minor enters into a contract, she or he may only accept the terms of the previously unenforceable contract if they do so within a reasonable time after they reach the age of majority. Beaver's filing of a lawsuit against the operator likely constitutes an action intending to implicitly disaffirm the terms, the absence of which is required to affirm a contract by a minor.
Net primary productivity is the energy used by plants to make biomass after respiration
Answer:
B. negative, positive
Explanation:
Substitution effect : Price rise of a good makes it relatively expensive, decreases its demand. Price fall of a good makes it relatively cheap, increases its demand.
So: Substitution Effect is always negative as per above explanation.
Income Effect : Price rise of a good decreases real income/ real purchasing power of consumer & reduces demand of all goods. Price fall increases real purchasing power & increases demand of all goods.
Income effect is positive in case of Normal Goods, normal good demand is positively related to income. The effect is negative in case of inferior goods, inferior good demand is negatively related to income.
Hence: Price rise of rice - Substitution effect results in negative change in rice consumption. {∵substitution effect always negative}
Income Effect leads to positive change in rice consumption {∵price rise reduces real income & income effect is negative for inferior goods}
