OPEN-ENDED QUESTIONS

1. Please explain whatcompetentmeans regarding the requirement that an agreement be betweencompetentparties in order for a contract to be effective?
2. My 15-year old son, who looks older, just signed a contract joining a health club which has "dues" of $50.00 a month. Is this contract valid?
3. What does the termconsiderationmean as far as the enforceability of an agreement is concerned?
4. What if my employer threatens to fire me if I refuse to sign the covenant not to compete?
5. What if I were required to sign such an agreement as a condition of being hired?
6. What does the element "lawful objective" deal with?
7. Must a contract be in writing to be enforceable?
8. When is a contract deemed to have been performed ordischarged?
9. What the remedies in the event of a breach of contract?