Week 4 Assignment:

1. Rocky, a mentally disabled fifteen year old, has run out of money while on a trip away from home. Jack gives him food, a place to sleep and his bus fare home in exchange for Rockys promise in writing to pay Jack 200 to cover these costs. Is Rockys promise enforceable? The agreement made between Rocky and Jack has two possibilities with regards to being enforceable. Although Rocky entered into the agreement with Jack, because he was a minor at the time of the agreement, Rocky may not be held to the terms of such an agreement. As a minor, Rocky has the ability to terminate the contract if he so chooses to do so at a later time. Jack has no ability to enforce the contract, should Rocky decided to terminate it, again because he is minor. Additionally,...