1.2. Takalani, aged 17, buys a washing machine from Maria on credit for the amount...
80.2K
Verified Solution
Link Copied!
Question
Accounting
Takalani, aged buys a washing machine from Maria on credit for the amount of RHe received the appliance from Maria but must still pay her the amount by April. On the duedate, Takalani forgets to pay her.a Assess the obligation in this example b Indicate the creditor in this example c Conclude whether this transaction constitutes a contract. Provide reasons. d Analyse how your answer in question c would change if Pete was married.
Takalani, aged buys a washing machine from Maria on credit for the amount of RHe received the appliance from Maria but must still pay her the amount by April. On the duedate, Takalani forgets to pay her.a Assess the obligation in this example b Indicate the creditor in this example c Conclude whether this transaction constitutes a contract. Provide reasons. d Analyse how your answer in question c would change if Pete was married.
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.