Which of the Following Contracts Is Void

question 73

Multiple Choice

Which of the following contracts is void?

• A) A contract with an insane person for a TV, where the insane person, or his legal representative, can prove that he was insane at the time of the contract but cannot prove anything else about the incident
• B) A contract with an insane person for necessaries such as food and shelter
• C) A contract containing an exculpatory clause limiting the liability of one of the parties
• D) Any contract with a status Indian
• E) A contract to sell a bag of cocaine

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Definitions:

Computers

Electronic devices capable of processing, storing, and displaying information, used for a wide range of applications from personal computing to complex scientific calculations.

Opportunity Cost

The charge of overlooking the next most beneficial alternative while making a choice.

Consumer Goods

Goods that are produced and purchased for personal use, satisfying direct consumer wants and needs.

Opportunity Cost

Waiving the opportunity for improvement from multiple choices by deciding on one.