Questions from Business Law


Q: Under what circumstance is a contract made by a mentally incompetent person

Under what circumstance is a contract made by a mentally incompetent person void?

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Q: When is a contract made by an incompetent person voidable?

When is a contract made by an incompetent person voidable?

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Q: Discuss statutes that make specific agreements or parts of agreements illegal.

Discuss statutes that make specific agreements or parts of agreements illegal.

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Q: What are exceptions to the rule that a court will not enforce

What are exceptions to the rule that a court will not enforce an illegal agreement?

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Q: How do gambling laws regulate gambling?

How do gambling laws regulate gambling?

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Q: How might a contract be unenforceable under a licensing statute?

How might a contract be unenforceable under a licensing statute?

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Q: Why are some contracts unenforceable as contrary to public policy?

Why are some contracts unenforceable as contrary to public policy?

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Q: Why is a contract in restraint of trade sometimes considered unenforceable as

Why is a contract in restraint of trade sometimes considered unenforceable as contrary to public policy?

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Q: Is a covenant not to compete legal?

Is a covenant not to compete legal?

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Q: What is the difference between a unilateral mistake and a bilateral mistake

What is the difference between a unilateral mistake and a bilateral mistake?

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