Please all solve 7. After reaching the age of majority, a person who had entered into a contract when she was underage may do which of the following by using, selling, or keeping the item, or by making payments?O No answer text provided.A. ConfirmB. DisaffirmC. RejectO D. Ratify 9. Budget Office Furniture Co. advertised 60- x 30-inch executive desks for $500.00 in its officesupplies catalog. Marla went to the store and told the salesperson that she wanted to buy one ofthe advertised desks. Marla has done what?O No answer text provided.O A. Made an agreementO B. Accepted the catalog offerO C. Made an offerO D. Entered into a bilateral contract8. Jeff and William have entered into a contract for the purchase of tools Jeff intends to resell in hishardware store. They agree that if William is unable to deliver the tools within the time specifiedin the contract, William must pay $500 to Jeff. This provision in their contract is referred to aswhat?O No answer text provided.O A. Actual damagesO B. Incidental damagesOC. Anticipatory breach damagesO D. Liquidated damages

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7. After reaching the age of majority, a person who had entered into a contract when she was under age may do which of the following by using, selling, or keeping the item, or by making payments? No answer text provided. O A. Confirm O B. Disaffirm O C. Reject O D. Ratify

7. After reaching the age of majority, a person who had entered into a contract when she was under age may do which of the following by using, selling, or keeping the item, or by making payments? No answer text provided. O A. Confirm O B. Disaffirm O C. Reject O D. Ratify

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

Please all solve

7. After reaching the age of majority, a person who had entered into a contract when she was under
age may do which of the following by using, selling, or keeping the item, or by making payments?
O No answer text provided.
A. Confirm
B. Disaffirm
C. Reject
O D. Ratify

9. Budget Office Furniture Co. advertised 60- x 30-inch executive desks for $500.00 in its office
supplies catalog. Marla went to the store and told the salesperson that she wanted to buy one of
the advertised desks. Marla has done what?
O No answer text provided.
O A. Made an agreement
O B. Accepted the catalog offer
O C. Made an offer
O D. Entered into a bilateral contract
8. Jeff and William have entered into a contract for the purchase of tools Jeff intends to resell in his
hardware store. They agree that if William is unable to deliver the tools within the time specified
in the contract, William must pay $500 to Jeff. This provision in their contract is referred to as
what?
O No answer text provided.
O A. Actual damages
O B. Incidental damages
OC. Anticipatory breach damages
O D. Liquidated damages

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