Question: QUESTION 1 : The law allows a minor to withdraw from a contract simply because he or she is a minor, whereas the other party
QUESTION : The law allows a minor to withdraw from a contract simply because he or she is a minor, whereas the other party is bound if the minor wishes to carry out the contract. Do you think the law is fair in such instances? Please explain.
QUESTION : Certain business and personal transactions are neither oral nor written but are nevertheless legally binding. The terms of these agreements are understood from the actions or conduct of the parties, from the customs of the trade, or from the conditions or circumstances rather than from oral or written words. Do you think implied contracts, such as these, should be enforceable? Please explain.
QUESTION : The law requires that the purpose of a contract must be legal. Provide an example of a contract that would not be enforceable because it lack legality of purpose.
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