Bundle: The Legal Environment Of Business: Text And Cases, 10th + Mindtap Business Law, 1 Term (6 Months) Printed Access Card
10th Edition
ISBN: 9781337374835
Author: CROSS
Publisher: CENGAGE L
expand_more
expand_more
format_list_bulleted
Question
thumb_up100%
Chapter 12, Problem 2IS
Summary Introduction
Case summary:A minor person J moves out of her parents’ home and starts living in an apartment by signing one-year lease with KA. After two months the person J moves back to her home as she was unable to pay the rent.
To find: The capacity of KA to enforce the lease against the person J.
Expert Solution & Answer
Trending nowThis is a popular solution!
Students have asked these similar questions
Olivia told Tom that Alison was her leasing agent. Based on this representation, Tom signed a 3-year lease with Alison on a building owned by Olivia. Tom spent a considerable sum on special equipment for the property. Olivia now claims that Alison was not her agent because there was no written agency between her and Alison, and denies that she has leased her property to Tom. A court would likely decide that:
Group of answer choices
Olivia need not lease to Tom because Alison was not appointed in writing.
Olivia is estopped from denying the agency.
Alison was a dual agent.
An agency by ratification exists.
Margo Riche is married to John Riche. John has a mental infirmity. They have a 22 year old daughter who has a
physical infirmity. Neither infirmity is severe enough to qualify for the disability tax credit. John has 2020 Net Income
For Tax Purposes of $6,600. Their daughter has no 2020 income. Determine the amount of any 2020 tax credits that
Margo will have related to her spouse and daughter.
Answer: Margo will be entitled to the spousal tax credit, including the additional amount for an infirm spouse. In
addition, she can daim the Canada caregiver credit for her 22 year old infirm daughter. The tofal credits would be
calculated as follows:
$2,427
$1,557
$341
$3,257
State whether the following agreements or contracts are void, voidable valid, and provide a reason for your answer.
1 ) Taylor, aged 17, gets married, and divorces two months later. After getting divorced, she enters into a contract with Michael for the sale of his house. (
2 ) Jessica, aged 5, enters into a contract with John, aged 11, for the sale of his bicycle.
3 ) Nomsa, aged 16, runs a successful boutique with the consent of her parents, and enters into a contract relating to her business.
4 ) Amy, who is 17, has inherited an apartment in Cape Town from her deceased father. The apartment is valued at R2 million. With her mother’s assistance, Amy enters into an agreement to sell the apartment to her aunt.
5 ) Justin, who is mentally ill, concludes a contract for the sale of his laptop without his curator knowing. (2)
Chapter 12 Solutions
Bundle: The Legal Environment Of Business: Text And Cases, 10th + Mindtap Business Law, 1 Term (6 Months) Printed Access Card
Knowledge Booster
Similar questions
- Deran Cody, a U.S. citizen, married Isolde Trieste, a Portuguese citizen, who came to the U.S. in September 2021 as a tourist to visit her sister. Deran earned $81,000 and Isolde had no U.S. or Portuguese income. Neither Deran or Isolde is a dependent of anyone else. A Form W-7 should be filed for Isolde because she: Qualifies as a resident alien under the substantial presence test. Is a qualifying relative of her sister. Is the qualifying person of a resident spouse, so Deran can claim the head of household filing status. Can make a spousal election to be considered a U.S. resident for tax purposes.arrow_forwardAshlyn and Yang both work for The Paper Supply Co., a small paper company with 45 employees in St. Louis, Missouri. They adopt a child and decide to split childcare duties, with Ashlyn taking the first 12 weeks off and then Yang taking 12 weeks off to care for the baby. The Paper Supply Co. approves Ashlyn's leave but not Yang's. Which of the following is true under the Family Medical Leave Act (FMLA)? Neither Yang nor Ashlyn is entitled to 12 weeks of leave under the FMLA. O Only Ashlyn is entitled to 12 weeks of leave to care for the new child under the FMLA. Either Yang or Ashlyn, but not both, is entitled to 12 weeks of leave under the FMLA. O Both Yang and Ashlyn are entitled to 12 weeks of unpaid leave each year for childbirth or adoption under the FMLA.arrow_forwardElly enters into a 12-month lease with Mike to rent Mike’s house for $1000 per month. After 3 months, Elly moves out of the house and disappears. It takes Mike 1 month and $2000 to repair the damage that Elly caused. He rents the house to a new renter for $900 per month after the repairs are completed. Mike will sue Elly to seek damages. What are his damages? Please itemize and total the list. Was he required to rent the house to someone else? Why or Why not?arrow_forward
- Mary enters into a 5-year lease for a factory owned by Norma. She says she intends to open a pottery business. The lease contains clauses that restrict assignment or subletting without the landlord’s consent, and requires the tenant to keep the premises in good repair. Norma goes interstate for 4 months. When she returns, she discovers that Mary has sublet the property to a video mail-order service specialising in soft pornography that does not breach any laws. Norma also finds that the wooden loading ramp has been buckled. Briefly explain Norma’s rights and remedies.arrow_forwardJane Smith, age 40, is single and has no dependents. She is employed as a legal secretary by Legal Services, Inc. She owns and operates Typing Services located near the campus of Florida Atlantic University at 1986 Campus Drive, Boca Raton, FL 33434. Jane is a material participant in the business. She is a cash basis taxpayer. Jane lives at 2020 Oakcrest Road, Boca Raton, FL 33431. Jane’s Social Security number is 123-45-6781. Jane indicates that she wants to designate $3 to the Presidential Election Campaign Fund. Jane had health insurance for all months of 2018. During 2018, Jane had the following income and expense items: $100,000 salary from Legal Services, Inc. $20,000 gross receipts from her typing services business. $700 interest income from Third National Bank. $1,000 Christmas bonus from Legal Services, Inc. $60,000 life insurance proceeds on the death of her sister. $5,000 check given to her by her wealthy aunt. $100 won in a bingo game. Expenses connected with the typing…arrow_forwardAnn lives in a state that has a 2 year statute of limitations and a 10 year statute of repose in negligence cases. In 2018, she is operated on my Sally Surgeon. Sally does a careless job of reconstructing Ann's elbow, but it is done in a way that.causes no initial pain and that Ann does not notice until 2020. Now it is 2027. Ann is frustrated by her ongoing elbow pain, and decides that she wants to sue Sally. Can her lawsuit proceed successfully? Yes No, because the statute of limitations has run No, because the statute of repose has runarrow_forward
- Kevin rents a farm from Jacob, the main purpose of which is for Kevin to live in the farmhouse as his residential accommodation. During the period of the lease, and with Jacob’s consent, Kevin effects various improvements to the leased property, the most notable of which included: 1. Erecting security fences throughout the farm. 2. Planting trees. 3. Clearing and ploughing pieces of land to plant vegetables. 4. Installing sprinkler irrigation systems. The lease has reached its expiration date, and Kevin has since vacated the premises. Q.5.3 Kevin approaches you for advice on whether he can successfully recover compensation for the above improvements he made to the property. Advise Kevin on a possible action he may be able to rely on under the law of obligations and briefly explain what such an action would entail.arrow_forwardCourtney and Jonathan agreed that Jonathan would paint Courtney's home for $800 with Courtney supplying the paint. Jonathan went to Courtney's home on several occasions to do the job, but she never had the paint. Finally, he moved on to other jobs. Six months later, Courtney sued Jonathan for not painting her home. Who is likely to win and why? Include the legal term for Jonathan's offer of performance.arrow_forward19-2. Duty of Loyalty. Peter hites Alice as an agent to sell a picce of property he owns. The price is to be at least $30,000. Alice discovers that the fair market value of Peter's property is actually at least $45.000 and could he higher because a shopping mall is going to be built nearby. Alice forms a real estate partnership with her cousin Carl. Then she prepares for Peter's signature a contract for the sale of the property ro Carl for $32,000. Peter signs the contract. Just before clos- ing and passage of title, Perer learns about the shopping mall and the increased fair aarket value of his property. Peter refuses to deed the property to Carl. Carl claims that Alice, as Peter's agent, solicited a price above that agreed on when agency was crcated and that the contract is therefore bind- ing and enforceable. Discuss fully whether Peter is bound to this contract. (See: Duties, Righs, and Remedies of Agents and Principals.) thearrow_forward
- Discuss what is intoxication in law ? How can an person avoid a contract entered into under intoxication? a) Discuss in detail the following relevant case law on this matter and discuss in detail. Discuss the outcomes in this case. Gore v. Gibson 13M b) What is Frustration in law? Critically discuss. Discuss in detail the following relevant case law on this matter and discuss in detail. Discuss the outcomes in this case. Taylor v. Caldwell (1863)arrow_forwardJack Tupp contracts to work for Iona Carr Autohaus during February for $1,800. On January 17, Iona Carr Autohaus wrongfully cancels the contract. Jack Tupp refuses to accept a similar job with another car dealership which would have paid him $1,650. If Jack Tupp sues Iona Carr Autohaus, how much in damages would he most likely recover?arrow_forward5 Matthew and Joe were roommates. When they were renting their apartment, each agreed to pay half of the cost of the rent and the cable and electric bills. Two months after moving in, Matthew borrowed Joe's car and was involved in an accident. Matthew promised to pay $2,200 in damages if Joe promised not to file a claim with his insurance company. Joe agreed. However, Matthew never paid him for the damages. He claimed that the agreement was not enforceable because there was no consideration. What is the outcome?arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
- BUSN 11 Introduction to Business Student EditionBusinessISBN:9781337407137Author:KellyPublisher:Cengage LearningEssentials of Business Communication (MindTap Cou...BusinessISBN:9781337386494Author:Mary Ellen Guffey, Dana LoewyPublisher:Cengage LearningAccounting Information Systems (14th Edition)BusinessISBN:9780134474021Author:Marshall B. Romney, Paul J. SteinbartPublisher:PEARSON
- International Business: Competing in the Global M...BusinessISBN:9781259929441Author:Charles W. L. Hill Dr, G. Tomas M. HultPublisher:McGraw-Hill Education
BUSN 11 Introduction to Business Student Edition
Business
ISBN:9781337407137
Author:Kelly
Publisher:Cengage Learning
Essentials of Business Communication (MindTap Cou...
Business
ISBN:9781337386494
Author:Mary Ellen Guffey, Dana Loewy
Publisher:Cengage Learning
Accounting Information Systems (14th Edition)
Business
ISBN:9780134474021
Author:Marshall B. Romney, Paul J. Steinbart
Publisher:PEARSON
International Business: Competing in the Global M...
Business
ISBN:9781259929441
Author:Charles W. L. Hill Dr, G. Tomas M. Hult
Publisher:McGraw-Hill Education