Exam 12: Capacity and Legality

arrow
  • Select Tags
search iconSearch Question
flashcardsStudy Flashcards
  • Select Tags

Portions of a divisible contract may be enforced.

Free
(True/False)
4.7/5
(38)
Correct Answer:
Verified

True

A contract with an unlicensed professional is never enforceable.

Free
(True/False)
4.8/5
(32)
Correct Answer:
Verified

False

Only a guardian can enter into legally binding contracts on behalf of a mentally incompetent person.

Free
(True/False)
4.9/5
(44)
Correct Answer:
Verified

True

Opie enters into a contract with Belle.Later,Opie is adjudged mentally incompetent.Raye,Opie's daughter,attempts to void Opie's contract with Belle on the ground of Opie's incompetency.The contract is

(Multiple Choice)
4.8/5
(37)

Mica,a minor,signs a contract to pay National Fitness Club a monthly fee for twenty-four months to use its facilities.Six months later,after reaching the age of majority,Mica continues to use the club.This act is

(Multiple Choice)
4.9/5
(38)

A minor who affirmatively misrepresents himself or herself to be an adult will not be able to disaffirm a contract in most states.

(True/False)
4.8/5
(41)

Desiree and Eduardo decide to wager,in violation of a state statute,on the outcome of a soccer game.They each deposit money with Felipe,who agrees to pay the winner of the bet.Before the game begins,Eduardo tells Felipe that he has changed his mind about the bet.Eduardo can recover

(Multiple Choice)
4.9/5
(41)

A contract between Kim and Larry to lease real property contains an exculpatory clause.This clause is

(Multiple Choice)
4.8/5
(30)

Jill is fifteen.In most states,Jill would be considered a minor because she is under the age of

(Multiple Choice)
4.7/5
(29)

Jack,a minor,takes out an automobile insurance policy and pays a $1,000 premium.If Jack disaffirms the contract,he can most likely recover

(Multiple Choice)
4.9/5
(29)

If a minor disaffirms a contract,he or she must disaffirm the entire contract.

(True/False)
4.7/5
(31)

A contract is void if one of the parties was intoxicated at the time of its formation.

(True/False)
4.8/5
(31)

A covenant not to compete is enforceable only if it is reasonable in duration and geographic area.

(True/False)
4.8/5
(28)

Contractual capacity refers to the size or volume of a contract.

(True/False)
4.7/5
(33)

A minor may accept and validate a contract with an adult.

(True/False)
4.8/5
(33)

The only purpose of a licensing statute is to protect the public from unlicensed practitioners.

(True/False)
4.7/5
(37)

An exculpatory clause in a residential property lease is always enforceable.

(True/False)
4.8/5
(44)

Ordinarily,a minor who affirmatively misrepresents his or her age cannot disaffirm a contract.

(True/False)
4.9/5
(45)

Food is the only thing that courts have been willing to define as "necessary."

(True/False)
4.9/5
(34)

An adult may disaffirm a contract entered into with a minor.

(True/False)
4.8/5
(29)
Showing 1 - 20 of 72
close modal

Filters

  • Essay(0)
  • Multiple Choice(0)
  • Short Answer(0)
  • True False(0)
  • Matching(0)