Contract Questions

Time and area 278 in october a court holds rodney

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Unformatted text preview: materials An acceptance that adds a material term. 277. a. b. c. d. In non-compete agreements the important factors are time and amount of money involved. area and training required. par value and interest rate. time and area. 278. In October, a court holds Rodney Doodle mentally incompetent and appoints a guardian for him. Rodney, a former business law professor, is the victim of a debilitating mental illness brought on by teaching the law of contractual capacity for too many years. In November, Rodney escapes his guardian’s care and takes off on his own. While eating lunch with Ed Sleaze, who knows about Rodney’s condition, Rodney signs an agreement to sell a valuable property he owns. When he signs the contract, Rodney believes that he is a movie star signing an autography for an adoring female fan. The agreement between Rodney and Ed is best described as: a. void. b. voidable. c. unenforceable. d. perfectly valid, if the price Ed pays for the property is fair. 279. a. b. c. d. In...
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