Which of the following is a VOID contract?   Question 5 options:   A)  A contract by a 17 year old to purchase a computer.   B)  A contract by a repair shop to repair a car.   C)  A contract by an 18 year old to purchase a motorcycle.   D)  A contract by a 22 year old college student for the purchase of a vacation for a week when school is not in session.   E)  None of the selections is a void contract.

Under what circumstances would a construction change directive (CCD) be used? When the owner selects one of the alternates included in the initial bid When the designer assumes control of the means and methods used for construction When the source of the change is differing site conditions When a change is minor and has no impact on cost or schedule When the owner wants the contractor to perform a change but cost has not yet been determined

Question 4 a) With reference to contract law, identify and explain the elements that need to be present to form a valid contract? b) Under what circumstances can an offer come to an end? Discuss using case law.

COURSE: DIPLOMA IN ACCOUNTING   SUBJECT: BUSINESS & COMPANY LAW   I NEED ANSWER FOR ALL

What are the ethical considerations when entering into a no bid or non competitive contract?