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Ted, a 17-year-old high school student, was hired to perform in four episodes of a TV series filmed ...

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Ted, a 17-year-old high school student, was hired to perform in four episodes of a TV series filmed ...

Ted, a 17-year-old high school student, was hired to perform in four episodes of a TV series filmed in Vancouver. To keep up with his schoolwork, he contracted with Mr. Tech, of Technoland, for a $3000 laptop computer. He agreed to pay $500 as a down payment and the balance in monthly payments of $250. Read each of the following separately and indicate which is true.

▸ If Ted doesn't make his payments, Tech can sue Ted's parents, because parents are liable for the debts of their minor children.

▸ This contract is a legal contract enforceable by Ted.

▸ This contract is void; therefore, Tech can repossess the laptop, which is technically still his whether or not Ted makes the payments.

▸ This contract is a legal contract enforceable against Ted.

▸ If this contract is in writing and Ted doesn't make his payments, Tech can sue Ted for breach of contract.

Textbook

Legal Fundamentals for Canadian Business

Edition: 4^th

Author: Yates

Read 66 times

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unicornman1

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More solutions for this book are available here

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Ace123440 Author

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I appreciate what you did here, answered it right Smiling Face with Open Mouth

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this is exactly what I needed

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