Ben is 15 years old. He went to a bookshop to buy a Dunhill pen for the

Fantastic news! We've Found the answer you've been seeking!

Question:

Ben is 15 years old. He went to a bookshop to buy a Dunhill pen for the price of RM20,000. He didn't have sufficient cash with him. The owner of the bookshop, Mamat, recognised Ben as the son of Datuk Rich, the billionaire, and agreed to accept an IOU from Ben. Ben has now refused to honour his IOU.

Can Mamat enforce the IOU against Datuk Rich?

Posted Date: Jun 21, 2024 04:01 AM

See More Questions

What is a distribution memorandum?
Thomas Gilbert and Susan Bradley formed a professional corporation called Financial Services Inc.A Professional Corporation, each taking 50 percent of the authorized common stock. Gilbert is a CPA...
I need help. On September 1, Lewis Company had the following account balances: Accounts Receivable, $79,900; Allowance for Uncollectible Accounts, $3,480. On September 5, Lewis Company determines...
Question 6 If the probability function for a discrete random variable X is given by the following piecewise function: x2, if X = 1,3 0, if X=2,4 Find the expected value.SHOW YOUR COMPLETE SOLUTION....
Sue, an FNBK 3650 student at UNO, has leamed so much in this class she has decided to open her own bank. With $100,000 of her own cash to start with, she opens her bank On day one, a customer walks...
Discuss the relevance, roles and contributions of Micro-, Small and Medium-sized Enterprises (MSMEs) to the seventeen Sustainable Development Goals (SDGs). It examines the roles of MSMEs in each of...
Adjustment data for Ms. Ellen's Laundry Inc. for the year ended December 31, 2018, are as follows: a. Wages accrued but not paid at December 31, $2,150 b. Depreciation of equipment during the year,...
Describe what actions an organization can take to encourage employees to think more creatively. Describe the characteristics of an effective control system.
Arrow Hospitality prepares adjustments monthly and showed the following at September 30, 2023: Cash ARROW HOSPITALITY Trial Balances September 30, 2823 Unadjusted Trial Balance Account Dr. 6,908 Cr....
Y Ltd. forfeited 50 shares of Rs 100 each issued at 10% premium on which allotment money of Rs 30 per share (including premium) and first call of Rs 30 per share were not received and the second and...

Ben is 15 years old. He went to a bookshop to buy a Dunhill pen for the

Question:

Expert Answer:

Students also viewed these law questions