In which of the following situations would one of the parties not be bound on the basis of incapacity?
A)An adult man sells his home to his mother.
B)An Ontario corporation sells land it owns for the construction of a shopping mall.
C)A merchant sells a new stereo to a minor.
D)A person who is drunk but appears sober sells his car to another customer at a bar.
E)A minor paid a reasonable price for a bike needed for work.

Question

Quizplus · Accepted Answer

Minors generally lack the legal capacity to enter into binding contracts, except for necessities. A stereo is not considered a necessity.

In Which of the Following Situations Would One of the Parties