1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
irga5000 [103]
3 years ago
12

Ronald suffers from dementia that impacts his brain function, but he also has healthy periods of time when his mind is fully fun

ctioning. During one of these healthy periods, Ronald enters into a contract, which he later seeks to avoid. In a majority of states, the contract will not be enforced because of Ronald's dementia.1. True2. False
Business
1 answer:
vova2212 [387]3 years ago
6 0

Answer:

2. False

Explanation:

Capacity to a contract refers to whether the person to a contract is legally competent to enter into such a contract.

For instance, lunatics, drunkards, minors, criminals and person of unsound mind are deemed incapable of entering into a contract.

A person diagnosed with dementia, which impairs his decision making would normally be regarded as incapable to signing a contract.

But, capacity is ascertained as per the situation i.e at the time the contract is signed or entered into.

In the given case, Ronald entered a contract while he was sane and in healthy state of mind. His judgement at the time of entering such a contract wasn't impaired by dementia.

Thus, the contract will be legally enforceable as per the law.

You might be interested in
_______ has been defined as the process of identifying consumers with similar attributes who are likely to exhibit a similar buy
Hoochie [10]

Global market segmentation has been defined as the process of identifying consumers with similar attributes who are likely to exhibit a similar buying behavior.

<h3><u>Explanation:</u></h3>

The process involved in the identification of a particular segment of customers to sell the products refers to the Global Market Segmentation. Those customers of the groups that has the nature of similar behavior in buying of certain products will be grouped together under this process.

The people in the identified group will have the same purchasing behavior. Thus, when the customers of similar buying behaviors are grouped then the targeting process of the business will become easier. Fir example if you are manufacturing chocolates then it will be easier to target on;ly children and the adults.

8 0
4 years ago
Why is a hotel room a perishable product?
Anton [14]

E

Is the correct answer

7 0
3 years ago
Read 2 more answers
All of the following items should be considered when setting an export price except A. The tariff rate and value-added tax. B. T
velikii [3]

Answer: C.

Explanation:

Prices of substitutes in foreign markets is not important when setting export prices because it does not involve exporting products, money, etc.

3 0
3 years ago
Sara wants to start her own business. She is not sure if she wants to be a sole proprietor or get a partner. She asks a financia
lorasvet [3.4K]

Answer:

B) She has to share all of the profits with the partner.

Explanation:

A partnership is a business owned by two or more parties while a sole proprietorship is owned by one person. In the former, decisions are made jointly and the process might take long since all partners must consent to it. Another disadvantage is that all profits are shared between or among all partners unlike a sole proprietorship where the owner takes all the profits.

8 0
3 years ago
Read 2 more answers
10 . What kind of good is it? Determine whether each of the following goods is a private good, a public good, a common resource,
Kipish [7]

Answer:

Common resource

Private Good

Public Good

Explanation:

A common resource would be any limited commodity, including such water or farmland, which offers tangible advantages to consumers but which no one in specific owns or has sole rights to.

Private commodities are items that must be bought in order to be eaten, and one person's consumption forbids another individual from purchasing them.

Public good can contribute to: social interest, an useful that is both non-exclusive and non-rival.

5 0
3 years ago
Other questions:
  • Ernesto owns a house painting company. Total sales for the past year were $75,000. His bills for running the business were $30,0
    5·1 answer
  • _____ is done by centralizing or specializing a firm's operations to sustain or improve productivity.
    6·1 answer
  • Your total sales during a six-hour shift were $1,200. Your individual performance in terms of sales per hour would be:
    14·1 answer
  • Danny "Dimes" Donahue is a neighborhood’s 9-year-old entrepreneur. His most recent venture is selling homemade brownies that he
    14·1 answer
  • _____________ architecture utilizes processes of designing, construction, operation, maintenance, and removal that have been car
    13·1 answer
  • According to the Katznelson text, large corporations have disproportionate political power mainly because ___.
    7·1 answer
  • Telecomp is a U.S.-based manufacturer of cellular telephones. It is planning to build a new manufacturing and distribution facil
    14·1 answer
  • The board of directors of capstone inc. declared a $0.60 per share cash dividend on its $1 par common stock. on the date of decl
    10·1 answer
  • An entrepreneur might use _____ in the very early stages of a start-up.
    7·1 answer
  • Crowding out occurs when.
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!