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True or false questions When threats are used by someone who does not have a special legal relationship of trust or a confidentla relationship to

True or false questions

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When threats are used by someone who does not have a special legal relationship of trust or a confidentla relationship to another person to force someone to enter into a contract, the agreement or contract is considered entered into because of undue influence. F 15. A contract of adhesion is characterized by its shocking unfairness or is shockingly unjust (unfair). T 16. When it comes to the consideration of a contract, the courts (as has been the traditional approach) do not look into the adequacy or sufficiency of the consideration supporting the transaction if there are not circumstances of fraud, duress, undue influence, mistake, etc. T F 17. An example of a contract that lacks consideration but is still enforced by the courts because this is considered socially beneficial are pledges or subscriptions (which are promises to donate money). F 18. A gratuitous promise is a gift and is enforceable in a court of law because they are considered to have moral consideration even though someone makes a promise without requiring some benefit in return. F 19. A contract with a minor can be ratified by either the adult or the minor after the minor has reached the age of majority. T F 20. Upon reaching the age of majority, it is a contract law that a minor must ratify an earlier contract entered into while a minor - in writing and no later than 6 months after reaching the age of majority. F 21. Normal mentality for purposes of determining competency or the capacity to contract under contract law means that both and all parties to a contract must have a sufficient understanding that they are getting themselves into the seriousness of a contract. T F 22. The law allows minors to cancel contracts they get into with the exception of contracts for necessaries, i.e. food, clothing, medical care, lodging provided to the minor by an adult. T F 23. A valid contract can be entirely handwritten. F 24. An agreement that can be completed within six (6) months must be in writing in order to be enforced pursuant to the Statute of Frauds. T F

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