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Q15 Food, clothing and shelter are always necessaries. True or False Q16 If the only purpose of a contract is to restrain competition, the contract

Q15

Food, clothing and shelter are always "necessaries."

True or False

Q16

If the only purpose of a contract is to restrain competition, the contract violates public policy and is illegal.

True or False

Q17

Exculpatory clauses are never enforceable.

True or False

Q18

The only time a minor can disaffirm a contract is after reaching the age of majority.

True or False

Q19

Courts generally refuse to enforce:

a. all of these.

b. contracts that violate statutory policy.

c. contracts against public policy.

d. contracts that violate criminal law.

Q20

Normally an illegal contract is:

a. Unenforceable

b. Voidable

c. None of these.

d. Unconscionable

Q21

Exculpatory clauses:

a. can relieve a party from liability for wrongdoing no matter what the reason.

b. can never relieve a party from liability for any wrongdoing greater than negligence.

c. are always enforced because of freedom to contract.

d. are always illegal.

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