Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Courses estion 11 FT: With regard to capacity in the potential contract between Jason and Candice, which statement is true? mplete ark 1.00 out of

image text in transcribed
Courses estion 11 FT: With regard to capacity in the potential contract between Jason and Candice, which statement is true? mplete ark 1.00 out of a. Candice is a minor and therefore does not have the capacity to contract b. Candice is a known bankrupt and is therefore prevented from entering into contractual agreements Flag question c. Candice is certifiably insane and therefore cannot enter into a contract O d. Candice does not have the capacity to contract because Jason uses undue influence to force her into e. Candice has capacity to enter into a potential contract with Jason Question 12 FT: Consideration is not satisfied in the potential contract between Jason and Candice because: Complete Mark 1.00 out of a. Consideration fails because $2500 is not a fair price for a 2010 VW Jetta 1.00 b. Both Jason and Candice discussed promises in exchange for something of value but, in the end, no pro P Flag question made c. Both Jason and Candice considered the deal before acting on it O d. Candice stands to benefit from the deal because she would receive a car in exchange for $2500 O e. Jason stands to benefit from the deal be

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Essentials Of Business Law

Authors: Anthony Liuzzo, Ruth Calhoun Hughes

11th Edition

1260734544, 978-1260734546

More Books

Students also viewed these Law questions

Question

evaluate signs to determine their value on communication.

Answered: 1 week ago