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QUESTION 20 A term not included in a written contract is considered intentionally omitted. True False QUESTION 21 The statute of frauds o does not
QUESTION 20 A term not included in a written contract is considered intentionally omitted. True False QUESTION 21 The statute of frauds o does not apply to written contracts. o applies only to executed contracts. O states that written contracts can always be changed by oral evidence. requires certain contracts to be in writing. QUESTION 22 A memorandum required to satisfy the statute of frauds should contain the subject matter of the agreement. the date that the offer was made. the consideration involved. the names of the parties. QUESTION 23 Choose all of the statements that are true: An assignment usually requires no special form. Personal services contracts cannot be delegated, The right to work for someone cannot be assigned without permission The obligee is the person to whom duties are delegated. QUESTION 24 The statute of frauds applies only to o formal contracts. executory contracts. o informal contracts. executed contracts. QUESTION 25 A guardian is a court-appointed adult who can enter into contracts on behalf of an incompetent party. True False QUESTION 26 Charging a rate of interest higher than that allowed by law is usury. True O False QUESTION 27 Contracts made by minors are void. True False QUESTION 28 Hamza, a minor, sold his ipad to Adriana, an adult. Adriana sold the Ipad to Henry, another adult. Hamza now wishes to disaffirm the contract. Hamza can disaffirm and take the Ipad back from Henry True False
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