1. Jimmy Jarvis is a new recording artist for Jammin' Records. He signed a five-year recording contract with the company when he had just turned 17 years old. Jimmy claims he did not have a legal guardian to sign the contract on his behalf, and that Jammin Record's president, Michael Harken allowed him to sign it anyway. Jimmy's first studio album came out six months later and did not do well, selling only 100,000 copies. Over the next three years, Jimmy used Jammin Record's studios continuously and released two more studio albums, each selling less than $100,000 copies. Frustrated by his lack of success and his belief that Jammin' Records and Mr. Harken did not promote him as vigorously as they should have, Jimmy sent Mr. Harken a letter voiding out his contract with Jammin' Records citing his lack of capacity to enter into a contract when he was only 17 years old. Jimmy was in the middle of recording his fourth studio album when he terminated his contract. Does Jammin' Records have a legal basis to enforce its contract with Jimmy? Why or why not?Explain your answer by applying the legal rules from this chapter.