A person who signs a contact while under the influence of alcohol or drugs may later ratify the contract while not under the influence, and the contract becomes legal and binding. Question 11 options: True False Question 12 (2 points) Listen Which of the following present capacity issues in a contract action? Question 12 options: Age Mental competency Duress Intoxication Question 13 (1 point) Listen What is "consideration" in terms of a contract? Question 13 options: Thoughtfulness in negotiating the contract. Mental intent to enter into a contract. Bargained for exchange. The offeree's intent to accept the terms of the contract. None of the above. Question 14 (2 points) Listen Which items cannot form as consideration to a contract? Question 14 options: Past consideration Pre-existing duties Gifts Tickets to a concert that was held last night Question 15 (1 point) Listen In a joint contract where there are more than one offeror and/or offeree, both parties have an equal duty to perform and an equal right to receive consideration. Question 15 options: True False