Which of the following will make a contract voidable?There is only a unilateral promise.O The subject matter is illegal.One of the parties lacks capacity.The contract was required to be in writing and is oral. Assuming all other requirements have been met, which of the following terms generally must be included in a writing inorder to satisfy the UCC Statute of Frauds regarding the sale of goods worth $500 or more?PriceYesNoYesO YesQuantityYesYesNoYesTime ofpaymentYesNoYesNo

The validity and enforceability of a contract lie at the core of any business transaction, legal…

Answered: of the following will make a contract…

Principles Of Marketing

17th Edition

ISBN:9780134492513

Author:Kotler, Philip, Armstrong, Gary (gary M.)

Publisher:Kotler, Philip, Armstrong, Gary (gary M.)

Chapter1: Marketing: Creating Customer Value And Engagement

Section: Chapter Questions

Problem 1.1DQ

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Set out the differences between essentialia, naturalia and incidentialia comprised in a contract. with examples.
Ramona Smith spilled orange juice on her computer two days before her term paper was due. Ramona desperately needed a new laptop, so she went online and found a laptop that fit her needs. She emailed the seller, Effie Frost, expressing her desire to purchase the laptop. Effie ernailed Ramona back and said that she (Effie) would sell Effie's laptop to Ramona for $300. An hour later, Ramona and Effie signed the following agreement: "1, Effie Frost, agree to sell my laptop computer to Ramona Smith for Four Hundred Dollars and zero cents. This is the entirety of the agreement. This agreement supersedes any and all other agreements made by the seller and the buyer." Ramona now claims that she should only pay $300 for the laptop because during that initial email exchange with Effie, Effie told Ramona that $300 was the price of the laptop, and she has the email exchange as evidence of the price quote of $300. What legal concept could be used to enforce the contract for $400? O Condition…
Owe
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Karen's elderly Uncle Joe gave her written authority to sell the family house. Uncle Joe lived in Maine and Karen lived in Minnesota. After about two months Karen found a buyer for the house and signed an acceptance of the offer on July 21. Later that same day she learned that Uncle Joe had died the day before (July 20). Other members of the family did not want the family house sold and claimed that t acceptance Karen signed was void because Uncle Joe had died prior to acceptance. The buyer of the house claims Karen had the legal authority to sell the house and that the contract is binding. Who is right? Please explain.
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of the following will make a contract voidable? here is only a unilateral promise. he subject matter is illegal. ne of the parties lacks capacity. he contract was required to be in writing and is oral.