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2 2 . The law allows minors to cancel contracts they get into with the exception of contracts for necessaries, i . e . food,
The law allows minors to cancel contracts they get into with the exception of contracts for necessaries, ie food, clothing, medical care, lodging provided to the minor by an adult. T F
An agreement that can be completed within six months must be in writing in order to be enforced pursuant to the Statute of Frauds. T F
An agreement for the sale of personal property for $ must be in writing in order to be enforced in court according to the Statute of Frauds. T F
The Statute of Frauds only applies to those contracts listed in the statute and only if those contracts are yet to be performed, meaning they are not fully completed, but are executory.
T F
The transfer of a right to a contract is known as a delegation. T F
The legal significance of being a thirdparty intended beneficiary to a contract made by two other people, is that this type of beneficiary gets legal rights to the contract which he or she can enforce. T F
A third party who benefits incidentally from a contract has a right to the benefits if the benefits exceed $ T F
The personal services or duties owed in a contract by artists, musicians, singers and athletes can be delegated and almost always are transferred. T F
The legal distinction between a contract of adhesion and an unconscionable contract is that the law enforces contracts of adhesion despite unequal bargaining power between the parties. T F
John offers to buy Ann's Smartphone for $ and promises her that he will give her the cash for the phone on the following Friday when he gets paid. Ann accepts John's offer and promises to give him the phone when he pays her on Friday. A unilateral contract has been created between them.
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