6. A provision in a contract whereby a person has made an opened ended promise is often referred to as an illusory promise.

7. A minor, in general, has the right to disaffirm or get out of a contract, even if there is no wrongdoing on the part of the adult with whom the minor made the agreement.

8. A contractual agreement would be considered void when the agreement is with a person who is intoxicated.

9. The term contract of adhesion refers to a contract between two closely held companies.

10. Agreements between an employer and an employee whereby the employee agrees not to compete after this employment are always illegal and unenforceable.

11. The Statue of Limitations refers to limits in the law that prohibit a person from suing some one over a certain age.