How void the contract

Assignment Help Business Law and Ethics
Reference no: EM132489355

"After she was married, Sherri Mitchell, a young woman 17 years of age, was in an automobile accident in which she was hurt enough to require medical treatment. She was later approached by an insurance agent who offered her $2,500 as a settlement. All she had to do was sign a release that would absolve the insurance company of any complaint that she might have against it in regard to the accident. She agreed to accept the $2,500 and signed a release to that effect; however, she then changed her mind and decided to void the agreement. She argued that since she was 17 at the time she signed the release, she was a minor and could therefore void the contract. Is Mitchell correct? Explain. [See: Mitchell v. State Farm Mutual Automobile Insurance Co., 963 S.W.2d (Ky. Ct. App.).]"

Reference no: EM132489355

Questions Cloud

What is the statutory incidence of the tax : What is the statutory incidence of the tax? What will be the economic incidence of the tax?
What type of long-term forecast should be prepared : A company request financing for it's seasonal inventory. what type of long-term forecast should be prepared? what is the most important part of the long-term
Determine and perform horizontal analysis : Using these data from the comparative balance sheet of Sheridan Company, perform horizontal analysis. (If amount and percentage are a decrease)
Determine which person will be allowed to claim child : Determine which person will be allowed to claim child for purpose of EIC if the individuals do not mutually agree on who will claim child as a qualifying child?
How void the contract : After she was married, Sherri Mitchell, a young woman 17 years of age, was in an automobile accident in which she was hurt enough to require medical treatment
Describe the safety design review process : Describe the safety design review process and Explain the role and importance of safety in a safety management system
Determine what company days outstanding in inventory : $640,000 and an inventory turnover ratio of 9.2. What was the company's Days Outstanding in Inventory. Assume a 365 day year. Round to one decimal place.
Managing a large diversified company : What is Jack Welch's theory of managing a large diversified company? What is the role of CEO? What is the role of the business manager
Assessment of jack welch tenure as ceo of general electric : What is your assessment of Jack Welch's tenure as CEO of General Electric?

Reviews

Write a Review

Business Law and Ethics Questions & Answers

  Legal environment of business caselet

The assignment in Law deals with the topic "Legal Environment of Business". A case study about Mary, a newly joined employee who is working in the USA and Europe. She faces few issues at her work place in Europe and tries to talk to her manager who s..

  Business ethics & legal issues caselet

This assignment is about the concept of Business Ethics & Legal Issues. The laws relating to these can be found in Antitrust laws. These laws are concerned with those large corporations which have a majority of market share, mergers and acquisitions.

  Questions on business law and ethics

Examples of securities that are exempted from the registration provisions of the 1933 Act and involving misstatement of material facts in a prospectus.

  Discuss the doctrine of ratification of pre-incorporation

With the aid of a decided cases, discuss the doctrine of ratification of pre-incorporation contract.

  Discuss the extent of phoenixing activity

It has been estimated that about 6,000 phoenix companies operate in Australia, costing government and the community hundreds of millions of dollars per year and impacting on individuals.

  Application of law to facts

Company Law, Application of Law to Facts and Conclusion.

  Question on business law and ethics

This assignment related to business law.

  Questions on business law

Answer all the questions under business law.

  Iidentify the issue raised by the facts

Iidentify the issue(s) raised by the facts, identify the relevant legal principles, apply the relevant legal principles to the facts, reach a conclusion.

  Evaluation of software development

Prepare a report and present an evaluation of the subsequent methodologies for software development in terms of cost, resources and time.

  Business value and ethics

Business value and ethics,  Bart agrees to put Sam's Super Bowl champion-ship autographed football in his sports store to sell for $1,500. Sam agrees to pay Bart a 15% commission for selling the ball. If Joe comes in the sports store and offers Bart ..

  Explain what is meant by income by ordinary concepts

Advise what tax consequences arise in respect of the payments.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd