Question
Juanito Trucu Pey is an 18-year-old young man who has a business selling candy, in front of the Ay mam elementary school. He often runs
Juanito Trucu Pey is an 18-year-old young man who has a business selling candy, in front of the Ay mam elementary school. He often runs out of candy mid-week and he has to close the business to go out to buy supplies. Since he does not have a large capital to buy sweets he is forced to sell what he buys to buy more. One day Don Pedromas Quesabe visits him and proposes the following business deal. He will supply you with a good amount of sweets, every Monday before 7am, Pey will pay you half of what that bill amounts to and the next Monday, he will pay you the remaining balance and so every Monday he will pay you half of the bill. new and you will owe half of it until next Monday. Juanito agrees with the deal that Don Pedromas proposes, they shake hands and that's it. When Don Pedromas leaves, Juanito tells him, "I'll wait for you on Monday" and Don Pedromas tells him, "I'll be here at 7am or earlier." That's how they remain.
1. Were the elements in place for the contract to be valid?
A. Answer yes or no and why.
B. At what time was the contract configured (formalized) (in what act).
C. What is the object and what is the cause?
2. Is the contract valid? Yes or no Why?
Mom often runs out of sweets in the middle of the week and has to close the shop to go out to buy supplies. Since she does not have a large capital to buy sweets, he is forced to sell what she buys to buy more. One day Don Pedromas Quesabe visits him and proposes the following business deal. He will supply you with a good amount of sweets, every Monday before 7am, Pey will pay you half of what that bill amounts to and the next Monday, he will pay you the remaining balance and so every Monday he will pay you half of the bill. new and you will owe half of it until next Monday. Juanito agrees with the deal that Don Pedromas proposes, they shake hands and that's it. When Don Pedromas leaves, Juanito tells him, "I'll wait for you on Monday" and Don Pedromas tells him, "I'll be here at 7am or earlier." That's how they remain.
1. Were the elements in place for the contract to be valid?
A. Yes or no and why.
B. At what time was the contract configured (formalized) (in what act).
C. What is the object and what is the cause?
2. Is the contract valid? Yes or no and why?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
1 Validity of the Contract A Yes the elements for a valid contract are likely in place Offer Don Ped...Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started