The Legal Environment of Business: Text and Cases
10th Edition
ISBN: 9781337535878
Author: Frank B. Cross; Roger LeRoy Miller
Publisher: Cengage Learning US
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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.
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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:
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Olivia need not lease to Tom because Alison was not appointed in writing.
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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.
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5 ) Justin, who is mentally ill, concludes a contract for the sale of his laptop without his curator knowing. (2)
Chapter 12 Solutions
The Legal Environment of Business: Text and Cases
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