Answer: Yes,it is legal and or ethical to allow Tommy to escape his contractual obligations.
Explanation:
A contract is an agreement made between two or more persons which the court of law can enforced. Under the law of contract, one of the essential elements of a valid contract is capacity, which states that a person must be of legal age before such a person can enter into a contract. For example a legal age is 18 years. In a law of contract any contract enter into with a minor is null and void according to the law. The exception to this rule is when a minor enter into a contract for the supply of necessity such as food and clothing. It is evidence that Tommy McCartney is 16 years old as at the time of entering into the contract for the purchase of the car from the store. In this case, by virtue of being a minor he does not have the backing of the law to enter into the contract for the purchase of the car from the store as at the time he does so.
Therefore, based on this legal point ,the contract is voidable.Tommy money must be returned to him because the contract between him and the store is null and void.It is therefore legal to allow Tommy to escape his contractual obligations
Answer:
The statement is: False.
Explanation:
The difference between mass marketing and relationship marketing is that the first is used to attract large numbers of customers with a product that is not necessarily tailor-made for them. On the other hand, relationship marketing provides consumers with a good or service that matches their needs. Companies implementing this approach are likely to keep customers' information in a database to evaluate changes over time and to adapt to them.
Thus, maintaining databases thanks to the advance of technology is likely more useful for firms using relationship marketing.
The issuer must be of the organization where <u>Securities issued by nonprofit organizations are exempt from </u><u>federal registration</u><u>, regardless of how they are sold.</u>
<h3>
What is federal registration?</h3>
- The federal registration, the U.S. federal government's official journal, publishes notices to the public, proposed regulations, and guidelines for government agencies.
- Except for federal holidays, it is published every workday. The Code of federal registration (CFR), which is revised yearly, codifies the final rules issued by a federal agency and published in the Federal Register after being rearranged by theme or subject matter.
- The Government Publishing Office prints the federal registration after it has been assembled by the Office of the federal registration (a division of the National Archives and Records Administration). The federal registration is free from copyright restrictions because it is a government-produced work and belongs to everyone.
To learn more about federal registration with the given link
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