5 Written Questions
5 Multiple Choice Questions
- is a state law that requires that certain contracts be in writing.
- is a legal way to settle contractual disputes by which one party agrees to accept less than the amount due as full payment.
- is not doing what you have the right to do.
- a minor who is no longer under the legal control of his or her parents.
- is a take-it-or-leave-it offer made by a party who holds most of the power in a bargaining session.
4 True/False Questions
Majority → is the age of 18 in most states.
minor → is a person who has not yet reached the age of adulthood.
unconscionable contract → is a take-it-or-leave-it offer made by a party who holds most of the power in a bargaining session.
Public policy → is a legal principle that holds that nobody should be allowed to do something that harms the public.