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QUESTION 4 Please answer (a) and (b) separately On 123151'10, John, age 25, contracts to sell his record collection to Jim, age 18, for $700,
QUESTION 4 Please answer (a) and (b) separately On 123151'10, John, age 25, contracts to sell his record collection to Jim, age 18, for $700, delivery and payment to be made 1;\"51'11. The State legal age of majority is 21. On 12:20! 10, the legislature changes the age of majority to 18. 4a. - On USN 1, is the contract enforceable by John? WHY? 4b. - On USE] 1, is the contract enforceable by Jim? WHY
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Auditing Cases An Interactive Learning Approach
Authors: Steven M Glover, Douglas F Prawitt
4th Edition
978-0132423502
