C.$100 QUESTION 2 While at home, the very elderly Ethel Smith, who is under a le

Question

C.$100 QUESTION 2 While at home, the very elderly Ethel Smith, who is under a legal guardlianship. answers her door and is solicited by fity-by- night jake's Swimming Pool Company, who, using a at the written contract with hidden terms and by threats of violence manages to get her to sign the contract and give him a time a of the states criminal and clvil codes that forbid contractors from contracting without a license. When her nephew and guardian, Teddy Bear, finds out about Teddy is seeking under these of contract and of the deposit. Whikch provides a defense and basits for the re the tr he sues 0 Incapacity D.All of the above. QUESTION 3 Which statement about the statute of frauds is true? A All contracts must be in writing in orber to be enforced. B.Contracts for the sale of goods for $500 or more must be in writing in order to be enforced C. Contracts for the sale of Land for $500 or more must be in writingin order to be enforced. to save all an

Explanation / Answer

2: All of these

The contract was illegal since Jake had no license. It was unconscionable since one party had extreme advantage and bargaining power. Condition of incapacity is also true since Ethel was incapable of entering into a contract.

3: B: Contracts for the sale of goods worth $500 or more

As per the statute of frauds, contracts which involce sale of goods worth $500 and above have to be in writing. Leases for goods worth $1000 or more should also be in writing.

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