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6 mickey 16 years old entered into a contract with

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6.Mickey, 16 years old, entered into a contract with Pete, 20 yearsold, in which Mickey will sell his roadster racer to Pete forP100,000. What can be said of the contract?a.Valid, although voidableb.Void, since a minor cannot give consent to a contractc.Mickey woud need the approval of his parents before the contractcan be considered as validd.The contract is void for all intents and purposes
7.Only one of the following is not a vice of consent. Which is it?
8.Mickey bought a lamp from the store of Pete. He paid P1,000 forthe item which has a tag price of P100,00. Pete who at the timewas busy stacking the shelves, just told him to place the moneyin the couter, which Mickey did. When he got home and took abetter look, he realized that the price is not really P1,000 but onlyP100.00. What can be said of the contract?
9. What is the effect of a contract where the consent thereof isvitiated as such by a vice of consent?
10.A person under a hypnotic spell entered into a contract ofsale. When he got out of the hypnosis, he found out that he soldhis car for P100,000, when such car has a value of P1,000,000.What can be said of the contract?a.Void, since the law does not recognize hypnosisb. Valid for all intents and purposes, since the law does recognizethe state of a hypnotic spellc.Voidable, which means it is valid unless annulledd.There is no contract at all
Practice Set Seven(Articles 1337-1346)True / False1)There is fraud when, through insidious words or machinations ofone of the contracting parties, the other is induced to enter into acontract which, without them, he would not have agreed to.2)There is dolo when a person takes improper advantage of hispower over the will of another, depriving the latter of areasonable freedom of choice.3)A TV commercial playing on national television shows flowersflowing out of a girl’s hair due to usage of a certain brand ofshampoo.Because of such advertisement, Kitty bought a dozenbottles of the same shampoo and used it on her hair at leastthree times a day.After a week, dandruff started falling from herhair.Nevertheless, be that as it may, the seller of the shampoo isnot liable for fraud.4)Kitty went to the store of Ryder Sir and bought a pair of pink eyeglasses.The price tag shows that it’s P10,000 and Kitty thoughtit’s pretty expensive.She bought it nonetheless and went home.On the way home she saw Everest wearing the exact same pair ofpink glasses which she also bought from Ryder Sir’s store forP1,000.Kitty realized that there has been a mistake in the price.

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Term
Spring
Professor
Mr. Malaya
Tags
c Mickey

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