Amir, a 17-year old students ordered a Honda Civic car from Aishah Automotive Sdn Bhd (AASB)...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Amir, a 17-year old students ordered a Honda Civic car from Aishah Automotive Sdn Bhd (AASB) for the price of RM150,000.00. He agreed to pay a down payment of RM10,000.00 before delivery but failed to pay it. AASB wants to take action against Amir. Advise AASB if they could do so. (6 Marks) Amir, a 17-year old students ordered a Honda Civic car from Aishah Automotive Sdn Bhd (AASB) for the price of RM150,000.00. He agreed to pay a down payment of RM10,000.00 before delivery but failed to pay it. AASB wants to take action against Amir. Advise AASB if they could do so. (6 Marks)
Expert Answer:
Answer rating: 100% (QA)
As Amir is a 17yearold student he is considered a minor under the law Minors are generally not considered to have full legal capacity to enter into co... View the full answer
Related Book For
Smith and Roberson Business Law
ISBN: 978-0538473637
15th Edition
Authors: Richard A. Mann, Barry S. Roberts
Posted Date:
Students also viewed these general management questions
-
Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...
-
The Crazy Eddie fraud may appear smaller and gentler than the massive billion-dollar frauds exposed in recent times, such as Bernie Madoffs Ponzi scheme, frauds in the subprime mortgage market, the...
-
Googles ease of use and superior search results have propelled the search engine to its num- ber one status, ousting the early dominance of competitors such as WebCrawler and Infos- eek. Even later...
-
In thinking about the appropriate balance between the market and the government in achieving sustainability, do you think the government needs to take a stronger role or would you favor reducing...
-
In the inspection of a sample of meat intended for human consumption, it was found that certain undesirable organisms were present. In order to make the meat safe for consumption, it is ordered that...
-
In relation to the banking of cash receipts, briefly explain one security measure that a business can employ.
-
Assume the same data as given in problem 9, except the company expects the following production: Case A: 300 bbl per month Case B: 500 bbl per month REQUIRED: a. Determine the number of months needed...
-
On January 1, Year 1, the Vine Company purchased 60,000 of the 80,000 ordinary shares of the Devine Company for $80 per share. On that date, Devine had ordinary shares of $3,500,000, and retained...
-
Description In this assignment we will implement the method of Least Squares fitting using a python script. For matrix routines, you may choose to use the linear algebra library routines in the numpy...
-
The proposed rates were not in the range the CEO expected given the pricing analysis. The CEO has asked the pricing actuary to verify the total projected loss cost excluding potential large storm...
-
Prepare a direct-method operating section of the statement of cash flows for 1997 using the information available in the balance sheet and income statement (Exhibits 3 and 4), as well as the...
-
When discussing weighing schemes for calculating the weighted average cost of capital, ________. Question 10 options: book value weights and market value weights lead to the same value for the cost...
-
A bond's issue price is the amount of money that a lender pays (and the company receives) when a bond is ______. Multiple choice question. in default sold from one investor to another investor repaid...
-
What does an investment banker do, and what are the legal regulatory system governing mergers and acquisitions?
-
T/F Underpricing tends to discourage investors from participating in the IPO market.
-
Bondholders are willing to pay a premium to acquire a bond because the ______. Multiple choice question. bond's stated interest rate is lower than the market interest rate bond's stated interest rate...
-
20. Let f.g, E F(R, R) be the functions defined by f(t)= ert and g(t) = est, where rs. Prove that f and g are linearly independent in F(R, R).
-
Calculate I, , and a for a 0.0175 m solution of Na 3 PO 4 at 298 K. Assume complete dissociation. How confident are you that your calculated results will agree with experimental results?
-
Rich, a club member, left his golf clubs with Bogan, the pro at the Happy Hours Country Club, to be refinished at Bogans pro shop. The refinisher employed by Bogan suddenly left town, taking Richs...
-
Identify and explain the various stages and parties to the collection of a check.
-
When does the seller have a right or power to transfer title?When is the transfer void or voidable? By whom? Against whom?
-
Which strategy for entering a new international market should (a) an architectural design firm, (b) an online discount broker, and (c) a satellite TV channel consider, and why?
-
How can a firm design perceived control into a service encounter? Apply it to one face-to-face and one online encounter.
-
Give examples of how Internet and telecommunications technologies (e.g., mobile commerce [M-Commerce] and apps) have changed some of the services you use.
Study smarter with the SolutionInn App