7. Which of the following contracts is considered void? a contract with a minor a contract with a person adjudged insane d. all of the above are void e none of the above are void 38. Ethes Exercise World plans to order three weight machines from Pete's Prush, Pedal and Pull, Inc. for a total of $15,000. Pete's demands that Ethe's friend, Moneybags, a wealthy independent businesswoman (not connected with Ether's business in any way) promise to pay Pete's for the three machines Ethels Exerdise World does not. Which of the promises in this problem must be in writing to be enforceable? a. The promise made by Ethers Exerase World to buy the weight machines b. Moneybag's promise to pay if Ethet's Exercise World doesnt. C. Both Moneybag's promise and Ether's Exerdise World's promise d. Nelther of the promises in this problem needs to be in writing 39 Which ofte flowing pronies adwly need nt be in wtig to be entretie? a. A two year rental agreement for a television at $200 per year. b. The agreemet to sel a fr $1,500 d. A $1,000 agreement to have my house painted e. All of the above must be in writing to be enforceable a. formal contract b. unilateral contract c. dvisble contract d. informal contract 41. Contracts that do not arise from mutual agreement, but are created by courts to avoid unjust enrichment are a. adhesion contracts b. implied contracts very little English, and had no formal education. The contract provided for Exra to pay $2500 for a computer system 42. E-mation entered into a contract with a consumer, Era. Era was a recent immigrant to the United States, spokr The system was worth $400. IfE-mation sued Exra under the contract, what is the most lkcly resul? a. The contract is enforceable if R contains an exculpatory clause The contract is unenforceable because of the parol evidence rule c. The contractunenforceable because of past cotsideraton d. The contract is unenforceable 43 Floyd offers to sell his 1967 Ford Mustang convertible to Tim. Before they conclude their negotiations, Foy Which of the following is true? a. Floyd's heirs must sell the car to Tim b. Royd's heirs must continue to negotiate the offer and sell the car, if a reasonable price can be determined C. The offer terminates automatically upon Floyd's death. d. There is a contract if Tim accepts before learming of Floyd's death. 44 Tll sell you my car if I decide to sell i is an example of: a ananusory promise. b. an unliquidated offer c. anunilatera,contract. a conditional offer 7. Which of the following contracts is considered void? a contract with a minor a contract with a person adjudged insane d. all of the above are void e none of the above are void 38. Ethes Exercise World plans to order three weight machines from Pete's Prush, Pedal and Pull, Inc. for a total of $15,000. Pete's demands that Ethe's friend, Moneybags, a wealthy independent businesswoman (not connected with Ether's business in any way) promise to pay Pete's for the three machines Ethels Exerdise World does not. Which of the promises in this problem must be in writing to be enforceable? a. The promise made by Ethers Exerase World to buy the weight machines b. Moneybag's promise to pay if Ethet's Exercise World doesnt. C. Both Moneybag's promise and Ether's Exerdise World's promise d. Nelther of the promises in this problem needs to be in writing 39 Which ofte flowing pronies adwly need nt be in wtig to be entretie? a. A two year rental agreement for a television at $200 per year. b. The agreemet to sel a fr $1,500 d. A $1,000 agreement to have my house painted e. All of the above must be in writing to be enforceable a. formal contract b. unilateral contract c. dvisble contract d. informal contract 41. Contracts that do not arise from mutual agreement, but are created by courts to avoid unjust enrichment are a. adhesion contracts b. implied contracts very little English, and had no formal education. The contract provided for Exra to pay $2500 for a computer system 42. E-mation entered into a contract with a consumer, Era. Era was a recent immigrant to the United States, spokr The system was worth $400. IfE-mation sued Exra under the contract, what is the most lkcly resul? a. The contract is enforceable if R contains an exculpatory clause The contract is unenforceable because of the parol evidence rule c. The contractunenforceable because of past cotsideraton d. The contract is unenforceable 43 Floyd offers to sell his 1967 Ford Mustang convertible to Tim. Before they conclude their negotiations, Foy Which of the following is true? a. Floyd's heirs must sell the car to Tim b. Royd's heirs must continue to negotiate the offer and sell the car, if a reasonable price can be determined C. The offer terminates automatically upon Floyd's death. d. There is a contract if Tim accepts before learming of Floyd's death. 44 Tll sell you my car if I decide to sell i is an example of: a ananusory promise. b. an unliquidated offer c. anunilatera,contract. a conditional offer