If Arnold & Oscar orally agree that Oscar will purchase Arnold's tractor for$100,000, then the transaction will be enforceable as long as the transactionis evidenced by a signed receipt and a cancelled check.

True or False

Pushy Paul, a very loud, obnoxious, overbearing salesman, convincedInsecure Ira to make a purchase he didn't really want. There was no force inPushy Paul's making the sale. Insecure Ira could still have the contractthrown out on the grounds of physical duress.

True or False

Once an adult learns that he is in a contract with a minor, he can disaffirm thecontract on the grounds that the other party is a minor.

True or False