1-In what circumstances might a promise be enforced despite a lack of consideration?

2-What is an exculpatory clause? In what circumstances might exculpatory clauses be enforced? When will they not be enforced?

3-What are covenants not to compete? When will such provisions be enforced by the court? When will they not be enforced by the court?

4-What is required for consideration to be legally sufficient?

5-Does a minor have the capacity to enter into an enforceable contract? What does it mean to disaffirm a contract?