Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

QUESTION 1 Kwaku Issaka is a 14-year boy from a wealthy home. On 21st May 2021, Kwaku Issaka entered a shop in Accra to purchase

QUESTION 1 Kwaku Issaka is a 14-year boy from a wealthy home. On 21st May 2021, Kwaku Issaka entered a shop in Accra to purchase the following items:

PlayStation 5

iPhone 13 Three pairs of mens formal shoes made by Alexander McQueen. Kwaku Issaka did not have enough money to pay for all the items at once. He, therefore, entered into an agreement with the shop owner, Mr. Boateng, to pay the outstanding amount owed in five installments. However, after paying the first installment, Kwaku Issaka fell into arrears. The two parties then entered into another agreement under which Kwaku Issaka was to work for Mr. Boateng for a year without any salary for Kwaku Issakas debt to be forgiven. Kwaku Issaka has started working, but the work is affecting his school activities to the extent that he was last in his class. Kwaku Issakas parents have approached you as a renowned expert in contract law to assist them. Advise them accordingly.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Enhancing Financial Inclusion Through Islamic Finance Volume II

Authors: Abdelrahman Elzahi Saaid Ali , Khalifa Mohamed Ali , Mohamed Hassan Azrag

1st Edition

3030399389,3030399397

More Books

Students also viewed these Finance questions