Exam 11: Contracts and Sales: Performance, Remedies, and Rights

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A contract with a party who has been declared incompetent is voidable.

(True/False)
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Telling your broker to sell a particular stock when it reaches $50 a share is a condition precedent.

(True/False)
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A valid defense makes a contract automatically void.

(True/False)
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Contracts with illegal subject matter are voidable.

(True/False)
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What is the upper limit for garnishment of a debtor's wages?

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