Ask Question
BusinessBusiness
25 June, 15:37

Contractual capacity includes the financial ability to pay for the benefits of a contract.

a. True

b. False

+2
Answers (1)
  1. 25 June, 18:28
    0
    False. Contractual capacity includes the financial ability to pay for the benefits of a contract.

    A contractual capacity is being able to have a legally binding contract. Some people are able to have one and some are not depending on their mental capacity/state of mind. Convicts, those under the influence and mentally handicap are unable to have contractual capacity.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Contractual capacity includes the financial ability to pay for the benefits of a contract. a. True b. False ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Which of the following statements is correct regarding the drivers of operating and financial budgets? A. The cash budget will drive the production and selling and administrative expense budgets. B.
Answers (1)
Using fiscal policy to stabilize the economy is difficult because rev: 06_13_2018 Multiple Choice potential income is known. the effects of policy changes are known with certainty. there are time lags involved in the use of fiscal policy.
Answers (1)
What are two types of financial exchange
Answers (1)
A hurracane has hit the oil refineries in lousiana and taxes what happens in the market
Answers (1)
What is the purpose of total quality management, defined as the principle that every member of staff must be committed to maintaining high standards of work in every aspect?
Answers (1)
New Questions in Business
Helga wrote this citation on her paper. "Global Sea Turtle Populations Decline." Sea Turtle Restoration Project. 26 May 2002. Web. 22 Sept. 2006. This best represents a A. book citation. B. magazine citation. C. web page citation. D.
Answers (2)
What were the two main opposing views of Adam Smith and Karl Marx?
Answers (1)
A company plans to issue new Preferred Stock that pays 6% on the Par Value of $25. Similar preferred stocks are current selling in the market for Pp = $28.
Answers (1)
Need order of operations to solve 3 7 12 2 = 52
Answers (2)
Which of the following is not a benefit of budgeting? The budgeting process enables managers to uncover bottlenecks as they occur. Budgets communicate management's plans throughout the organization.
Answers (1)
Home » Business » Contractual capacity includes the financial ability to pay for the benefits of a contract. a. True b. False
Sign Up Forgot Password?