What are the “three I’s” and how do they affect the validity of a contract?

2. 1.Jose buys a jet ski for his 16-year-old son, Carlos. Carlos does not like it and Jose seeks to rescind his purchase since the Jet Ski was to be used by a minor. Explain whether or not Jose will be successful?

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3. In order to obtain a patent, an invention, discovery, or design must be novel, useful and not obvious in light of current technology. True False

4. An offer made in obvious anger or jest is still an effective offer. true False

5.What are the 3 requirements of a valid offer? Please list and explain


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