Exam 10: Consideration, capacity, and Legality

Colleen is intoxicated,but still mentally capable of understanding the consequences of her actions when she signs a contract to sell the rights to her latest phone app design to Addie.The contract is

Gambling involves the distribution of property by chance among persons who have paid valuable consideration for the opportunity to receive it.

Dave's uncle tells Dave that if "he feels that Dave deserves it," he will give Dave $1,000 when Dave graduates from college.Dave's uncle's promise is

Beth is a minor.She buys a set of sessions with a personal trainer,and a water bottle and some weights from a fitness store.Later,Beth decides that she does not want the water bottle or weights.In most states,Beth

A covenant not to compete is never enforceable.

Jenilee promises to pay Kyle $500 because "he does not have as much money as other people." Jenilee's promise is

Katie buys a car when she is seventeen.When she is twenty-five,Katie tries to disaffirm the contract and recover all her car payments.A court will likely find that the contract was

When a statute protects a certain class of people,a member of that class cannot enforce an illegal contract.

A covenant not to sue does not always bar further recovery.

When a minor disaffirms a contract,he or she cannot keep whatever he or she has received as a result of the contract without paying for it.

A preexisting duty may arise from a previous contract.

If a minor disaffirms a contract,he or she must disaffirm the entire contract.