Greg Said:

A question about a case study for business law...What does the law state reguarding this particular matter?

We Answered:

In general, the contracts of infants (historically defined to be persons less than eighteen years of age) are voidable at their option. In most cases the infant need not do any affirmative act in order to derive the benefit of the rule of voidability.

An infant may avoid his obligations under an executory (Le., unperformed) contract by merely doing nothing. In order to bind himself in a contract entered during infancy, the infant must ratify the contract upon reaching majority. Ratification is any act that indicates that the infant intends to be bound by his promise.

Such ratification can be expressed, orally or in writing, or implied. Ratification by implication occurs where the infant after reaching majority performs the contract (or begins performance), e.g., an infant obligated to repay a loan makes an installment payment after reaching majority.

Where the contract has been performed or partially performed by the infant, he must take some affirmative action in order to avoid obligation under the contract.

The affirmative action is referred to as disaffirmance. The result will be to have the contract rescinded, and as in any case of rescission, each party must return any consideration received from the other party.

Therefore, when an infant disaffirms a contract he must
return whatever consideration he has received or he will not be able to demand the consideration that he transferred to the adult party.

An interesting question arises when the infant cannot return what he has received in consideration because he has squandered it. The majority of states would hold that the infant is still entitled to the return of the consideration with which he parted.

THEREFORE, based on the exact situation presented, the minor has a choice:

1. Uphold the contract and her performance thereunder, or;

2. be charged with felony fraud.

Barbara Said:

what is the best wat to solve any case study in business?

We Answered:

Well if you want a website, all you have to do is look for it yourself in http://www.yahoo.co.uk and i'm sure you will find some results.

One I have used before is http://www.examstutor.com/ can't be sure it relates to your question, but you may find it useful for something else

But if you want advice - I personally read through the case study once to get a general understanding of it. Then a second time with 2-3 different coloured highlighters. Highlighting and making notes on key facts, and interesting points. Around the edge of the page you can write little points about the highlighted words or sentences.

You may have a set of questions to look at after the case study and your highlighted reference should refer to those questions to help you answer the questions.

If this doesn't help and you don't find a website, try speaking your tutor, they may have some hints and tips for you.

Gary Said:

Business Studies GCSE Case Study?

We Answered:

Can you not go back to school and ask for another copy, is it in your textbook?? Is one of your friends doing the same exam, do they have a copy?? Someone who has done the exams in previous years may have a copy!

I don't do business studies so I honestly can't help you in anyway.

My only other advice would be to look through past papers and see where this question comes up. Then go check the mark scheme and see all the info you need to include to get top marks.

http://eiewebvip.edexcel.org.uk/pastpape…

Good Luck! :D

Hector Said:

GCSE Business Studies - case study?

We Answered:

I think you won't get any mark for coursework if you don't submit your coursework. I have done Business, case study is actually a scenario given about a Business like a comprehension passage, and they ask you questions relating to the scenario and you have to answer the questions carefully in terms of Business. Good luck for the results:)

Diane Said:

Where i could find a good business case study? for free?

We Answered:

Information is below.