Question
PLEASE HELP THIS IS MY EXAM. THNAKYOU 4 .Can a minor enter into a contract? If your answer is in the affirmative, how would a
PLEASE HELP THIS IS MY EXAM. THNAKYOU
4.Can a minor enter into a contract? If your answer is in the affirmative, how would a minor may validly do so? Explain.
5.What are the three essential requisites of a contract? Cite distinctions of the three essential requisites.
6.Is there a valid contract if the cause of the contract was not expressly stated in the instrument evidencing the agreement? Explain.
7.Obligations arising from contracts have the force of law between the contracting parties and should be complied with in good faith. From perfection, the parties are bound not only to the fulfillment of what has been expressly stipulated but also to all the consequences which according to their nature, may be in keeping with good faith, usage and law. What is the principle herein referred?
8.(a) Will intoxication of either party render an offer ineffective before acceptance of the offer is conveyed? (b) Cite at least three instances that will render an offer ineffective before acceptance is conveyed.
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