Contract to buy a camaro from star chevrolet

Assignment Help Business Law and Ethics
Reference no: EM131657468

Question: Green, age 16, contracted to buy a Camaro from Star Chevrolet. Green lived about six miles from school and one mile from his job, and used the Camaro to go back and forth to school and work. When he did not have the car, he used a car pool to get to school and work. Several months later, the car became inoperable with a blown head gasket, and Green gave notice of disaffirmance to Star Chevrolet. Star Chevrolet refused to refund the purchase price, claiming, in part, that the car was a necessary. Was it?

Reference no: EM131657468

Questions Cloud

Identify the prevalence of co-occurring disorders : What are the 11 criterion used for identifying and diagnosing a substance use disorder? Provide a brief description of each.
What price do you pay for the bond : Suppose that you purchase this bond on January 15, 2018. Bonds with similar risk characteristics are yielding 5%.
Could robertson disaffirm the contract : Robertson agreed to pay $24,000 at $100 per month. He did this for three years before stopping the payments. His father sued for the balance of the debt.
Is there a relationship between ei and leadership : Is there a relationship between EI and leadership, between EI and motivation? How would you define those relationships?
Contract to buy a camaro from star chevrolet : Green, age 16, contracted to buy a Camaro from Star Chevrolet. Green lived about six miles from school and one mile from his job, and used the Camaro.
What is the amount of the dividends paid for the year : The depreciation expense is $56,100 and the tax rate is 34 percent. What is the amount of the dividends paid for the year?
Difference between a bank and a credit union : What is the difference between a bank and a credit union? 1pg no space. Please define the term credit union as per the case attached.
Appropriate cost of capital : What is the Net present Value of the investment? Enter your answer to the nearest $.01. Do not use the $ sign or commas in your answer. If the NPV is negative,
Discuss-social security disability and interest income : Her monthly income after the accident was $900, which consisted of Social Security disability and interest income from a mutual fund worth approximately.

Reviews

Write a Review

Business Law and Ethics Questions & Answers

  Legal environment of business caselet

The assignment in Law deals with the topic "Legal Environment of Business". A case study about Mary, a newly joined employee who is working in the USA and Europe. She faces few issues at her work place in Europe and tries to talk to her manager who s..

  Business ethics & legal issues caselet

This assignment is about the concept of Business Ethics & Legal Issues. The laws relating to these can be found in Antitrust laws. These laws are concerned with those large corporations which have a majority of market share, mergers and acquisitions.

  Questions on business law and ethics

Examples of securities that are exempted from the registration provisions of the 1933 Act and involving misstatement of material facts in a prospectus.

  Discuss the doctrine of ratification of pre-incorporation

With the aid of a decided cases, discuss the doctrine of ratification of pre-incorporation contract.

  Discuss the extent of phoenixing activity

It has been estimated that about 6,000 phoenix companies operate in Australia, costing government and the community hundreds of millions of dollars per year and impacting on individuals.

  Application of law to facts

Company Law, Application of Law to Facts and Conclusion.

  Question on business law and ethics

This assignment related to business law.

  Questions on business law

Answer all the questions under business law.

  Iidentify the issue raised by the facts

Iidentify the issue(s) raised by the facts, identify the relevant legal principles, apply the relevant legal principles to the facts, reach a conclusion.

  Evaluation of software development

Prepare a report and present an evaluation of the subsequent methodologies for software development in terms of cost, resources and time.

  Business value and ethics

Business value and ethics,  Bart agrees to put Sam's Super Bowl champion-ship autographed football in his sports store to sell for $1,500. Sam agrees to pay Bart a 15% commission for selling the ball. If Joe comes in the sports store and offers Bart ..

  Explain what is meant by income by ordinary concepts

Advise what tax consequences arise in respect of the payments.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd