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29. Wade, an Alberta resident, ordered a customized motor bike on February 1 with delivery on June 1. Wade turns 18 on May 1. Wade

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29. Wade, an Alberta resident, ordered a customized motor bike on February 1 with delivery on June 1. Wade turns 18 on May 1. Wade decided that he wanted a wind surfer instead, so he called the motorbike company on March 1 and cancelled the contract. Wade wanted the motor bike to get to work. Wade cannot be held to the contract because it is not June 1 yet b. Wade cannot be held to the contract because he lacks capacity to enter the contract c. Wade can be held to the contract since he was to take delivery after his 18" birthday d. Wade can be held to the contract because he ordered a custom bike 30 Anderson Lid. was negotiating a contract with the Bolton Manufacturing Co. for a large number of components for the office equipment Anderson Lid. sells: Bolton Manufacturing sent a written offer to Anderson to sell the components at $5 a piece. The components would normally cost about $8.00 each. After receiving Anderson Lid.'s acceptance of the offer, Bolton realized the mistake it had made and is now refusing to perform the contract. Anderson has sued for breach of contract. a. Bolton will succeed since a mistake as to value makes the contract void. b. Since the mistaken phrase is ambiguous, the courts will not interpret it and Bolton will succeed. C. A reasonable person would have realized that there was a mistake about the price so Anderson will not be allowed to snap up the offer d. There is offer, acceptance, and consideration from each party and since the court will not consider the adequacy of consideration in a contract, Bolton has no grounds to refuse to perform the contract. e. While a reasonable person might not have realized that there was a mistake in the offer, the court will not allow Anderson to enforce the contract if doing so will cause hardship for Bolton

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