. 29. A bilateral contract is formed when an offer can be accepted only by the other party's performance. True or False- Answer #29: .30. If a voidable contract is ratified, only one of the parties must fully perform their respective legal obligations. True or False 2 Answer #30: . - 31. Regarding voluntary consent in contracts, if a mistake concerns the future market value of the object of the contract, (the mistake is one of value) the contract can normally be rescinded (cancelled). True or False Answer #31: . 32. If an individual were threatened to enter into a contract, they would probably claim undue influence if they wanted to have the contract rescinded. True or False