Business law chapter 12. If one party to the contract is a professional who should know what the law is and intentionally misrepresents the law to a less sophisticated contracting party innocent misrepresentation fraud that occurs when a person makes a statement of fact that he or she honestly and reasonably believes to be true even though it is not.

Business Law Chapter 28 Flashcards Quizlet Business Law Chapter 28 Flashcards Quizlet 1 03 Am Business Law Chapter 28 80 Terms By Pattersonvt Course Hero

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Business law chapter 12 quizlet. Business law 9e cheeseman chapter 12 capacity and legality 1 the is a legal principle that allows minors to cancel most contracts they have entered into with adults. Learn vocabulary terms and more with flashcards games and other study tools. An agreement for payment or other performance between two parties one of whom has a right of action against the other.

Terms in this set 7 accord and satisfaction. Moveable tangible personal property. Those goods selected which are not in existence at the time in.

Learn vocabulary terms and more with flashcards games and other study tools. After the payment has been accepted or other performance has. Chapter 12 business law.

Start studying business law chapter 12. Additional law flashcards. A a minor is bound to an adult s decisions in a contract.

A seller agrees to transfer title to goods for a consideration. Start studying business law chapter 12. Business law chapter 12.

Those goods which are at the time of the contract in existen. Cards return to set details. A duty of restoration b duty of restitution c contract of adhesion d infancy doctrine 2 which of the following is true of a minor under the infancy doctrine.

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