Requirements of a Contract Include Capacity of the Parties to Contract,legality,and

question 132

Multiple Choice

Requirements of a contract include capacity of the parties to contract,legality,and intention of the parties to be legally bound.Which of the following is true with regard to these elements?

• A)A seller that contracts with an infant can avoid the difficulties of enforcing the contract by suing him in tort instead of breach of contract.
• B)A person with mental incapacity may still be held to a contract even if,at the time of the contract,he didn't understand the nature and quality of his or her act.
• C)The court can presume the intention of the parties to be legally bound,in which case,a party to the contract cannot bring forward contrary evidence to rebut the presumption.
• D)A restrictive covenant prohibiting one party to the contract from competing with the other is not enforceable.
• E)If an adult cannot sue the other party to the contract because the other party is a minor,neither can the infant sue the adult.

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Definitions:

Acetylcholine

A neurotransmitter involved in many functions including memory and muscle contraction.

Amygdala

A component of the brain's limbic system involved in emotion regulation, emotional memory, and reactions to fear and pleasure.

Prefrontal Cortex

The front part of the frontal lobe of the brain, involved in complex behaviors such as decision making, problem-solving, and social interaction.

Limbic System

A complex system of nerves and networks in the brain, involving several areas near the edge of the cortex concerned with instinct and mood. It controls the basic emotions (fear, pleasure, anger) and drives (hunger, sex, dominance, care of offspring).