Quiz 4 Enforceable Contracts

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School

National American University, Rapid City *

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Course

3100

Subject

Law

Date

Feb 20, 2024

Type

docx

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Uploaded by maximodavid2010

n 1 1 Only the original parties to a contract can enforce a contract. A) True B) False Question 2 1 / 1 point A minor may disaffirm a contract only if the subject matter is illegal. A) True B) False Question 3 1 / 1 point A contract is sometimes voidable if one party is aware that the other party made a mistake of fact. A) True B) False Question 4 1 / 1 point Contracts by persons who are mentally incompetent are treated completely differently than contracts entered into by minors. A) True B) False Question 5 1 / 1 point A collateral promise is one made by a third party to assume the debts or obligation of a primary party to a contract if the primary party does not perform. A) True B) False Question 1 / 1

6 point An intended beneficiary can sue the promisor directly for breach of contract made for the beneficiary's benefit. A) True B) False Question 7 1 / 1 point Fraud occurs when one party to a contract wrongfully threatens the other party. A) True B) False Question 8 1 / 1 point Promises made in consideration of marriage do not need to be in writing. A) True B) False Question 9 0 / 1 point Under certain circumstances, a contract may be enforceable even if one of the parties did not enter into the contract voluntarily. A) True B) False Question 10 1 / 1 point A condition precedent is a condition that terminates an existing duty to perform. A) True B) False Question 1 / 1

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