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1. In cases where a minor lies about her age, courts handle the situation in all of the following ways except:
a. Holding the minor to his/her spoken statements which clearly indicate intent to be bound by the contract
b. Holding that the minor is estopped from raising the defense of minority
c. Allowing the minor to disaffirm but requiring the minor to place the adult in status quo
d. Allowing the minor to disaffirm but holding the minor liable to the adult in tort for deceit
2. Which of the following intervention method allows for the con icting parties to come to their own solution rather than having a third party decide?
a. mediation
b. arbitration
c. adjudication
d. None of the above.
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Please discuss the (1) Micro/Industry Environment, (2) Macro/General Environment, and (3) any other specific environments that exist in/outside organizations.
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