Michael signs a contract with a music company to receive monthly CDs of popular albums. The cost of the CDs is $600.00 per year, payable in monthly installments of $50.00 each. Michael is 17 at the time he signs the contract. When there are only two installments left he seeks to rescind the contract. Can he do so? Same
facts as above, but at the time Michael enters into the contract he has consumed
cocaine. Is there any difference in your result?
Click https://smallbusiness.findlaw.com/business-contracts-forms/contract-terms-checklist.html link to open resource.
The Legal and Ethical Environment of Business v4.0
- By:
- Terence Lau and Lisa Johnson
- Published:
- 2019
- Discipline:
- Business Law Textbooks
- ISBN (Digital):
- 978-1-4533-9634-6