Question
Lin enters into a contract to sell her laptop to Andre, a minor.Andrew takes possession of the laptop and continues to use it well after
Lin enters into a contract to sell her laptop to Andre, a minor.Andrew takes possession of the laptop and continues to use it well after reaching 18 years old.This is called
??Express ratification
Voidable ratification
Implied ratification
Invalid ratification
Mr. Lucy wants to buy Mr. Zemer's property which is the Ferguson Farm.He goes to Mr. Zemer's bar and they start drinking Whiskey.While drinking they started negotiating for Mr. Lucy to buy the farm for $50,000.Mr. Lucy would not make the deal unless it was in writing and signed by both, Mr. and Mrs. Zemer who were present.Which of the follow is true?
There is no contract due to lack of capacity.
There is a contract because Mr. Zemer and his wife understood the legal consequences of the agreement
There is a contract because there is a signed agreement.
??There is no contract due to intoxication
A covenant not to compete is
It requires the offeree's acceptance to match the offeror's offer exactly to mirror the offer.
A promise for a promise
A contract where the terms are so unscrupulous or grossly unfair as to be "void of conscience."
??A restrictive covenant which does not allow one to conduct business for a certain period of time and in a certain geographical area.
A contract where the terms are so unscrupulous or grossly unfair as to be "void of conscience."
Quasi Contract
??Covenant not to compete
Unconscionable contract
Bilateral contract
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