Questions from Business Law

Q: Brooking agreed to sell a tract of land to Dover Pool &

Brooking agreed to sell a tract of land to Dover Pool & Racquet Club Inc. on which Dover planned to build a swim and tennis club. Neither party to the contract knew that just before the contract was s...

Q: In some contractual relationships, the bargaining power of one party gives

In some contractual relationships, the bargaining power of one party gives him or her an unfair advantage when dealing with another who might lack the economic power or the education to enter into con...

Q: Discuss what is meant by “age of majority” and how

Discuss what is meant by “age of majority” and how it affects the legal status of minors entering into contracts.

Q: How is a contract with a minor affected by the minor’s ratification

How is a contract with a minor affected by the minor’s ratification of the contract?

Q: A minor is held legally responsible if he or she injures another

A minor is held legally responsible if he or she injures another person or another person’s property. Would it make a difference if the injury were accidental?

Q: A minor purchased a desk, computer, and printer—all

A minor purchased a desk, computer, and printer—all on sale. If the minor later attempted to purchase only the computer, the salesperson could legally refuse to limit the sale to the one item on the g...

Q: A 17-year-old dancer signed a contract for a

A 17-year-old dancer signed a contract for a season with a ballet company. After rehearsals and two performances, the dancer received a better offer from another company. Could she terminate the contr...

Q: Contracts made by persons who are mentally incompetent are generally voidable.

Contracts made by persons who are mentally incompetent are generally voidable. Are there any exceptions? If yes, explain.

Q: Explain the enforceability of divisible contracts in which some parts have a

Explain the enforceability of divisible contracts in which some parts have a legal purpose while other parts have an illegal purpose.

Q: Provide an example of an agreement that has been made illegal by

Provide an example of an agreement that has been made illegal by statute.