What is the legal obligation

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What is the legal obligation (if any) in the following situations? Give reasons for your answers.

1. Each month, Henry, Kate and their grandson, Sam, enter a general knowledge competition, each paying AED10 towards the entry fee. Sam always emails the entry form, pays the entry fee and receives the confirmation of entry. Last month, they won the competition and the prize was AED 6000. Sam refuses to share the AED 6000. Advise Henry and Kate. All family members – please apply rule about family agreements with respect to an intention to create legal relation.

2. Bob borrows money from Fair Bank to set up his own small business, selling fitness books and equipment which pays for his own lessons to become a fitness trainer. After a few months Bob’s main supplier finds out he is only 17 and refuses to trade further with him. This means Bob doesn’t have enough business to pay for his lessons to become a trainer. He is also behind with payment of his mobile telephone account.

Advise Bob about the enforceability of each of the four contracts he has entered into:

i. For his lessons to become a fitness trainer (Training contracts are enforceable for a mother)

ii. For his mobile phone. (Is mobile phone a necessary)?

Note: in the above question the bold requirements are important to do

Reference no: EM132179624

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