Business Law – 5/21/09
Bellwork: P 154 Where Do You Stand? 1-2 Q&A
Objectives:
- Identify parties who lack contractual capacity
- Explain the role of capacity in an organization
9-1 Notes Discussion
Classwork:
Chapter 9-1 Review (Terms & Questions)
Chapter 8 Test – Last day today
1. contractual capacity
2. age of majority
3. minor
4. disaffirmance
5. necessaries
6. ratification
7. mancipation
8. mental incapacity
9. intoxication
10. scope of authority
11. Why are some parties protected with special contractual rights?
12. Why do both vendors and employees of an organization need to be concerned with scope of authority?
Leave a Reply