Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Ricky Branston, who is 17 years old, earns a living by selling Cd's and DVD's etc from a market stall which he owns. After a

Ricky Branston, who is 17 years old, earns a living by selling Cd's and DVD's etc from a market stall which he owns. After a long day on the stall he is in his local pub, where he always gets served from the bar staff without any trouble as he looks around age 20 when he meets Simone Cowbell, a music representative for an obscure music label. Simone persuades Ricky to sign a contract under which Ricky agrees to take 100,000 Cd's of a new boy band called 'Boys with no Tone', on a non-refundable basis. In the first month Ricky sells only 3 of the Cd's and has made a considerable loss.

Can Ricky be held to the contract?

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

Business Law Text and Cases

Authors: Kenneth W. Clarkson, Roger LeRoy Miller, Gaylord A. Jentz, F

11th Edition

324655223, 978-0324655223

More Books

Students also viewed these Law questions

Question

in regards to discrete structures. thank you

Answered: 1 week ago