True or False:

6. An offerees acceptance is not effective upon dispatch if the acceptance is sent by a stipulated means.

7. If the offer or circumstances do not indicate otherwise, the means the offeror used to communicate the offer is the impliedly authorized means for accepting. 8. If an authorized means of acceptance is expressly or impliedly present, any attempt by the offeree to accept by a non-authorized means is not effective until the acceptance is actually received by the offeror. 9. Suppose Mark promises to pay Nick, the school bully, $2 per week for protection in exchange for Nicks promise not to beat up Mark. Mark refuses to pay. Marks promise is enforceable because it is supported by consideration. 10. A liquidated debt is one that is due and certain, which means that there is no dispute about the existence or the amount of the debt. 11. The idea behind minors incapacity is that a minor may not be able to bargain effectively with older, more experienced persons. The courts responded to this idea by making minors contracts void. 12. The minor who does not disaffirm within a reasonable time after attaining majority is held to have rescinded the contract. 13. Contracts entered into as a result of misrepresentation, fraud, and certain kinds of mistake are void. 14. The elements of misrepresentation are: misrepresentation of a material fact justifiably relied on to the detriment of the person relying. 15. Duress exists only when the parties had some confidential, trusting relationship at the time of the contract.