12. which of the The onts h The osts of a d. The costs of p -13. which ofthe writing signed by a merchant offering to bold open an offer Soe the sale of ods ortedr e. All of the above d, Fin? offers. -14, which of the following terms designates the legal ability of a party to enter into a conc a. Capacity b. Consent c. Materiality d. Affirmation 15. Mike made the following offer to Mick:"I will pay you $500 if you agree to pains my house?i rep he would. At this point, the contract is an a. executed, unilateral, express contract. b. executed, bilateral, express contract. e. executory, bilateral, express contract d. executory, bilateral, implied-in-law contract. make monthly payments until the purchase price plus interest are paid in full. Which of the following is cocrect a. The contract is voidable by Marty b. The contract is void as soon as it is made. 16. Marty, a 16-year-old, contracts with Cream-of-the-Crop Cycles to buy an $8,000 motorcycle. Marty agrees to c. The contract is voidable by either Marty or Cream-of-the-Crop Cycles d. The contract is voidable by Cream-of-the-Crop Cycles. contract is legal but permits one party to escape, if he or she so wishes. a. disaffirmed; affirmed contract is illegal from the beginning and may not be enforced by either party; aln) b. void; voidable c. affirmed; disaffirmed d. voidable; void