Question: For the following scenario, please explain whether a contract has been formed. Discuss whether all requirements have been met for a valid contract, including consideration.
For the following scenario, please explain whether a contract has been formed. Discuss whether all requirements have been met for a valid contract, including consideration. If the contract is void or voidable, say so and then explain why. Be sure to include more than one reason for your conclusion, if applicable. Finally, is the agreement executory or executed? Why? Is it express or implied? Why? Is it bilateral or unilateral? Why? Be sure to explain your answer fully, so that I can be sure you understand these concepts.
Scenario: (This scenario takes place in Ohio, where the age of majority is 18 and the drinking age is 21.) One Sunday, after smoking a fair amount of cannabis and feeling "high", Lara (17 years old) goes to Joe's house. Joe is a 21-year-old guy in the neighborhood who sells alcohol to people from his home on Sunday, when the liquor stores are closed. Lara asks Joe if she can buy a six pack from him. He says "sure" and gives her the beer. She promises to pay him next week.
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
