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Jim still owns a bar called Two Dollar Bill's. He hires Ricardo to play guitar every Friday night for a period of 5 years. There
Jim still owns a bar called Two Dollar Bill's. He hires Ricardo to play guitar every Friday night for a period of 5 years. There is a formal contract written. Ricardo is 17-years-old when he agreed to start performing. After 3 years, Jim wants to terminate the arrangement with Ricardo since Ricardo is not drawing big crowds. Jim terminates his relationship with Ricardo. Ricardo wants to sue. Will Ricardo win?
- A. Yes. Only if the agreement is not unconscionable.
- B. Yes. Jim lacks the authority to terminate the contract.
- C. No. The contract is void because Ricardo was 17 when he agreed to it.
- D. No. The contract violates the Statute of Frauds.
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