those questions are business law Question 2 John, 16, enters into a contract to buy...

80.2K

Verified Solution

Question

Finance

those questions are business law

Question 2

John, 16, enters into a contract to buy state-of-the-art sound equipment. On his way home his car is sideswiped and the equipment is destroyed. The seller sues John to enforce the terms of the contract. The seller will

a win

b lose

3

A youngster (10-year old) is injured after buying a ticket to see a rodeo when a contestant is thrown from a bull into the crowd. The ticket has a hold-harmless waiver for injuries to spectators. The court will not enforce the waiver against the child.

Group of answer choices

True

False

4

A pool company has a contract to build a pool. Excavation is halted when the company encounters granite. The company asks for additional sums. The homeowner agrees to pay it. The issue here involves

a offer

b acceptance

c consideration

d capacity

5

Elements of a contract include offer, acceptance

a consideration

b capacity

c legality

d all of the above

Answer & Explanation Solved by verified expert
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!
Become a Member

Other questions asked by students