1. Briefly describe the four exceptions to oral contracts that must be in writing.

1. Explain the difference between a void contract and a voidable contract.

1. Explain the term performance as it relates to contracts.

1. List the five possible ways to end a contract.

1. From a business perspective, what is the purpose of intention? Explain your answer.

1. Why should you never lie on a Life Insurance Application? Fully explain your answer.