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True or False 1 1 . A person who is of legal age and at least normal mental capacity is considered a competent person. 1

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11. A person who is of legal age and at least normal mental capacity is considered a competent person.
12. A minor is considered emancipated and hence responsible for his or her contracts upon marriage.
13. A contract is always legal and enforceable if the parties are competent, and they have a mutual understanding.
14. prohibit all forms of gambling.
15. Environmental and safety regulations seldom act as a restraint of trade, even though they limit and restrict how a firm may operate.
16. A third-party beneficiary has a legal right to receive the benefits of a contract if it is the intent of the contract to benefit the third party.
17. Services of Artists, Musicians, Photographers, and Athletes can be assigned.
18. A contract can be terminated in accordance with the provisions of the contract itself.
19. Complete and satisfactory performance of a contract will bring about its termination.
20. A contract that is substantially performed may be discharged. Based upon the facts and circumstances of the contract.
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