Question 4 [ZOOM BREAK OUT ROOM 4) (l) Explain the circumstances under which the law will hold a minor liable for the contracts that they enter with others. (ii) What presumption does the court make when faced with a contract made within social or domestic context? Explain (iii) What presumption does the court make when faced with a contract made within a business or commercial context? Explain (iv) What is the main difference between the court's decision in Balfour v Balfour when compared with the decision made in Merritt v Merritt