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Valid Contracts

1. Both parties involved must be of legal age.
2. Both parties involved must agree to it.
3. There must be something of measurable value exchanged.
4. It must be legal to sell the product or service exchanged and there must not be any deception.

AB
Kerry (age 23) drives home a used car from her uncle (age 45) after giving him a check for $2500.Valid Contract
Kayla (age 19) cleans Steve's house (age 40) after he says he will pay her $20 to do so.Valid Contract
John (age 16) said he would buy Bill's (age 18) ipod for $100. Bill handed John the ipod and took the $100.Invalid Contract
Brian (age 18) buys a new stereo system for his car with a lease agreement from a local stereo store.Valid Contract
Jay (age 24) wants to buy Lori's (age 23) car for $5000.Invalid Contract
Bob (age 19) helped Brandon (age 19) with his math homework and now he wants Brandon to pay him $10 for it.Invalid Contract
Terry (age 18) sold and delivered 1 oz. of marijuana to Darren (age 20). Darren keeps promising to pay Terry but never gets around to it.Invalid Contract
James (age 21) signs a 12-month lease to rent an apartment at college.Valid Contract
Julie (age 19) agrees to tutor Sara's teenage son in math for $15 an hour.Valid Contract
Dave (age 30), a mentally challenged individual living with his parents, buys a used car for $400 from John (age 19).Invalid Contract



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