When susan pursues to disaffirm this contract erin asserts

Assignment Help Business Management

Reference no: EM1378195

Susan, aged 16 owns a rare violin. Eric recognises Susan is 16 and contracts with Susan that she will sell him the violin for $1,000 with delivery to take place when Susan is an adult. When Susan pursues to disaffirm this contract Erin asserts that since delivery is to arise after Susan becomes an adult she may not disaffirm. Analyze the case.

Reference no: EM1378195

Questions Cloud

Review of prior years financial statements : A review of the prior year's financial statements, the present year's budget, and January's source documents- Write in the missing amounts a through o above in the T-accounts above.

As a career development tool mentoring has been related : As a career development tool mentoring has been related to both potential benefits and problems, define how you feel about the prospect of becoming involved in a mentoring relationship as part of your own career development.

Participates in the management of the property : Debbie's social security number is 035-11-4856, and address of the home is is 435Beachway Lane, Wrightsville Beach, NC 28480.

Identify the kinds of duress and discuss the legal effect : Identify the kinds of duress and discuss the legal effect of each. Identify the kinds of fraud and the elements that must be shown to establish the existence of each.

When susan pursues to disaffirm this contract erin asserts : When Susan pursues to disaffirm this contract Erin asserts that since delivery is to arise after Susan becomes an adult she may not disaffirm. Analyze the case.

Providing ideas for intrinsic and extrinsic rewards : In your recent job what motivates you to do well identify two or three extrinsic rewards that positively affect you and keep you focused on what you need to accomplish.

Evaluate bodily income tax payable for 2013 : Bodily had an unused $120,000 net operating loss carry forward from 2011 when the tax rate was 40%. Evaluate bodily's income tax payable for 2013

Prepare easy fictitious financial statements : Evaluate the detail information - Prepare easy fictitious financial statements and write notes for the fictitious annual report.

Soft drink company what strategies use to influence : According to Porter's conversation of industry analysis is Pepsi Cola a substitute for Coca Cola? Why, or why not? If you worked for another soft drink company what strategies

User Account

All Pages