Question 1

Upon release, a convicted felon can create which of the following?&#10;A)Valid contracts&#10;B)Void contracts&#10;C)Voidable contracts&#10;D)None of the above

Accepted Answer

Upon release, a convicted felon can create valid contracts. A criminal record does not automatically invalidate a person's ability to enter into contracts. However, if the contract relates to the felon's criminal activity or if the individual has been restricted from entering into specific types of contracts due to their conviction, the contract may be void or voidable.

Question 2

The legal ability to enter into a contract includes which of the following?&#10;A)Being of sound mind&#10;B)Being of legal age&#10;C)All of the above&#10;D)None of the above

Accepted Answer

Both being of sound mind and being of legal age are requirements for the legal ability to enter into a contract.

Question 3

Under the law, minors create void contracts.

Accepted Answer

Minors can enter into contracts, but these contracts are typically voidable at the minor's discretion, not automatically void. This means the minor can choose to either honor the contract or void it.

Question 4

Persons who are intoxicated create a ___________ contract.&#10;A)void&#10;B)voidable&#10;C)valid&#10;D)unilateral

Accepted Answer

Persons who are intoxicated may create a voidable contract, meaning the contract is initially valid but may be voided by the intoxicated party upon regaining sobriety. However, some contracts may be void from the outset if the level of intoxication is severe enough to impair the person's ability to understand the contract's terms and implications.

Question 5

When minors misrepresent their age, a contract will always be consummated.

Accepted Answer

Minors are not legally capable of entering into contracts, and misrepresenting their age does not change this fact. Therefore, a contract will not be consummated if a minor misrepresents their age.

Question 6

An affidavit may accompany which of the following?&#10;A)Pleading&#10;B)Motion&#10;C)All of the above&#10;D)None of the above

Accepted Answer

An affidavit may accompany both pleadings and motions. Pleadings are legal documents that are used to commence a lawsuit or to respond to a lawsuit, while motions are requests made by the parties to the court for a ruling on a specific issue. Affidavits are sworn statements of fact made under oath and are often used as evidence in support of the pleadings or motions.

Question 7

Minors will never be responsible for any contract they make with any party.

Accepted Answer

Minors can be held responsible for contracts they make if the contracts are for necessities such as food, clothing, and shelter, or if they affirm the contract upon reaching the age of majority.

Question 8

When a minor accepts benefits from a contract, the contract is&#10;A)void.&#10;B)implied.&#10;C)disaffirmed.&#10;D)ratified.

Accepted Answer

When a minor accepts benefits from a contract, it is assumed that they have ratified or affirmed the contract, making it legally binding. In this case, the minor has chosen to keep the benefits of the contract and therefore cannot disaffirm it later.

Question 9

Aliens have the capacity to contract, except in which circumstance?&#10;A)When hostilities erupt&#10;B)When they are convicted of a crime&#10;C)All of the above&#10;D)None of the above

Accepted Answer

When hostilities erupt, aliens lose their capacity to contract.

Question 10

Persons who are intoxicated can create voidable contracts.

Accepted Answer

Intoxication impairs a person's ability to make rational decisions and fully understand the terms of a contract, therefore contracts entered into while under the influence of drugs or alcohol can be voided at the option of the intoxicated party.

Question 11

Necessities for which a minor can be responsible include which of the following?&#10;A)Food&#10;B)Clothing&#10;C)Shelter&#10;D)All of the above

Accepted Answer

The answer of Necessities for which a minor can be...

Question 12

Capacity is a necessary element in a contract.

Accepted Answer

The answer of Capacity is a necessary element in a...

Question 13

Persons who are intoxicated may disaffirm or ratify a contract when sobriety occurs.

Accepted Answer

The answer of Persons who are intoxicated may disaffirm or...

Question 14

Person who always lack the capacity to contract are mentally handicapped persons.

Accepted Answer

The answer of Person who always lack the capacity to...

Question 15

Upon sobriety, intoxicated persons can&#10;A)ratify a contract.&#10;B)disaffirm the contract.&#10;C)all of the above.&#10;D)none of the above.

Accepted Answer

The answer of Upon sobriety, intoxicated persons can&#10;A)ratify a contract.&#10;B)disaffirm...

Question 16

If a person is declared incompetent by a court, such a person will always create void contracts.

Accepted Answer

The answer of If a person is declared incompetent by...

Question 17

Persons who lack the capacity to contract are minors.

Accepted Answer

The answer of Persons who lack the capacity to contract...

Question 18

Disaffirmance is a method of __________ a contract.&#10;A)accepting&#10;B)rejecting&#10;C)voiding&#10;D)defining

Accepted Answer

The answer of Disaffirmance is a method of __________ a...

Question 19

Convicted felons who are released from prison do not have the capacity to contract.

Accepted Answer

The answer of Convicted felons who are released from prison...

Question 20

A person who is mentally incapacitated can create&#10;A)a void contract.&#10;B)a voidable contract.&#10;C)all of the above.&#10;D)none of the above.

Accepted Answer

The answer of A person who is mentally incapacitated can...

Question 21

Match between columns&#10;                        Premises: A contract that never has any legal effect. &#10;A contract that never has any legal effect. &#10;A contract that never has any legal effect. &#10;A contract that never has any legal effect. &#10;A contract that never has any legal effect. &#10;A contract that never has any legal effect. &#10;A contract that never has any legal effect. &#10;A contract that never has any legal effect. &#10;A contract that never has any legal effect. &#10;A contract that never has any legal effect. &#10;Method of rejecting a contract. &#10;Method of rejecting a contract. &#10;Method of rejecting a contract. &#10;Method of rejecting a contract. &#10;Method of rejecting a contract. &#10;Method of rejecting a contract. &#10;Method of rejecting a contract. &#10;Method of rejecting a contract. &#10;Method of rejecting a contract. &#10;Method of rejecting a contract. &#10;Contract that may be a void or canceled by a party. &#10;Contract that may be a void or canceled by a party. &#10;Contract that may be a void or canceled by a party. &#10;Contract that may be a void or canceled by a party. &#10;Contract that may be a void or canceled by a party. &#10;Contract that may be a void or canceled by a party. &#10;Contract that may be a void or canceled by a party. &#10;Contract that may be a void or canceled by a party. &#10;Contract that may be a void or canceled by a party. &#10;Contract that may be a void or canceled by a party. &#10;A person acting on behalf of a minor. &#10;A person acting on behalf of a minor. &#10;A person acting on behalf of a minor. &#10;A person acting on behalf of a minor. &#10;A person acting on behalf of a minor. &#10;A person acting on behalf of a minor. &#10;A person acting on behalf of a minor. &#10;A person acting on behalf of a minor. &#10;A person acting on behalf of a minor. &#10;A person acting on behalf of a minor. &#10;A person who makes an affidavit. &#10;A person who makes an affidavit. &#10;A person who makes an affidavit. &#10;A person who makes an affidavit. &#10;A person who makes an affidavit. &#10;A person who makes an affidavit. &#10;A person who makes an affidavit. &#10;A person who makes an affidavit. &#10;A person who makes an affidavit. &#10;A person who makes an affidavit. &#10;A person who is declared incompetent. &#10;A person who is declared incompetent. &#10;A person who is declared incompetent. &#10;A person who is declared incompetent. &#10;A person who is declared incompetent. &#10;A person who is declared incompetent. &#10;A person who is declared incompetent. &#10;A person who is declared incompetent. &#10;A person who is declared incompetent. &#10;A person who is declared incompetent. &#10;A person who is not a citizen of the United States. &#10;A person who is not a citizen of the United States. &#10;A person who is not a citizen of the United States. &#10;A person who is not a citizen of the United States. &#10;A person who is not a citizen of the United States. &#10;A person who is not a citizen of the United States. &#10;A person who is not a citizen of the United States. &#10;A person who is not a citizen of the United States. &#10;A person who is not a citizen of the United States. &#10;A person who is not a citizen of the United States. &#10;Method of accepting benefits to a contract. &#10;Method of accepting benefits to a contract. &#10;Method of accepting benefits to a contract. &#10;Method of accepting benefits to a contract. &#10;Method of accepting benefits to a contract. &#10;Method of accepting benefits to a contract. &#10;Method of accepting benefits to a contract. &#10;Method of accepting benefits to a contract. &#10;Method of accepting benefits to a contract. &#10;Method of accepting benefits to a contract. &#10;A person who is legally underage. &#10;A person who is legally underage. &#10;A person who is legally underage. &#10;A person who is legally underage. &#10;A person who is legally underage. &#10;A person who is legally underage. &#10;A person who is legally underage. &#10;A person who is legally underage. &#10;A person who is legally underage. &#10;A person who is legally underage. &#10;The legal ability to enter into a contract. &#10;The legal ability to enter into a contract. &#10;The legal ability to enter into a contract. &#10;The legal ability to enter into a contract. &#10;The legal ability to enter into a contract. &#10;The legal ability to enter into a contract. &#10;The legal ability to enter into a contract. &#10;The legal ability to enter into a contract. &#10;The legal ability to enter into a contract. &#10;The legal ability to enter into a contract.

Accepted Answer

The Answer of void contract and alien and ratification and is...

Deck 6: Capacity: The Ability to Contract