Example of mid-semester exam T! F question. Milo was a precocious 16 years old. He wanted to be a carpenter more than anything in the world. He dropped out of high school and sort out employed in the carpentry trade. Max said he would employ Milo at a rate of $15 per hour. Max asked Milo to get his guardian to sign his employment contract. Milo's mother refused to do so. Milo conveyed this to Max and Max said, \"Don't worry about her, you can sign the contract yourself.\" Milo proceeded to sign the contract. There a binding contract between the parties? True False