Question: Explain also 1. True or false. Martin entered into a contract with Sally to purchase life insurance from Sally's company. The UCC would regulate this

Explain also

1.True or false. Martin entered into a contract with Sally to purchase life insurance from Sally's company. The UCC would regulate this agreement.

Derick was acting in a very bizarre manner for quite some time, and a court of law finally declared him to be incompetent. He is now under the full care of his son. Without informing his son, Derick rented the Opera House which has a capacity of 12,000 in order to hold the Championship party for the Golden State Warriors. Most likely, this rental agreement would be:

a. A void contract,

b. A quasi contract,

c. A bilateral contract,

d. An implied contract.

Caroline entered into an employment contract with Galaxy Electronics as a district manager. This contract would be governed by:

a. UCC,

b. State law,

c. Federal law,

d. Quasi contract

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