31. A contract offer can be terminated by the parties thru: a) revocation; b) rejection; c) counteroffer; or d) all of the above.

32. In order to meet the contract requirement of consideration you must have: a) legal value; b) bargained-for exchange; c) both legal value and bargained for exchange; d) neither legal value or bargained for exchange.

33. In general, which of the following persons do not have capacity to enter into a contact: a) minors; b) insane persons; c) intoxicated persons; d) all of the above.