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21- All contracts entered into by intoxicated persons are voidable. True Or False 22- An adult who has entered into a contract with a minor
21- All contracts entered into by intoxicated persons are voidable. True Or False 22- An adult who has entered into a contract with a minor can rescind the contract because of the minor's lack of capacity. True Or False 23- Even if a party lacks the capacity to entire into a contract that party may be liable for the reasonable value of "necessaries" he or she purchases. True Or False 24- and duration. Covenants not to compete, to be enforceable, must be reasonably limited in scope. True Or False 25- Mistakes in judgment as to value will permit one to avoid a contract True Or False 26- Any party to a contract entered into when all parties have operated under a mistake of fact can rescind the contract. True Or False
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