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Kubasek Capacity and Legality Quiz

Quiz yourself by thinking what should be in each of the black spaces below before clicking on it to display the answer.
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Question
Answer
The following contracts is a minor not allowed to disaffirm?   A contract for life insurance A contract for health insurance A contract for an education loan  
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A contract for a(n) __________ is a contract that supplies the minor with the basic necessities of life.   Necessary  
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Once a person reaches the age of majority, he/she may __________, or legally affirm, contracts made as a minor.   Ratify  
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Parents have a legal duty to provide their children with the basic necessities of life, such as __________, __________, and __________, and they may be held liable for the reasonable value of necessaries for which their children enter into contracts.   Food, clothing, shelter  
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Which of the following contracts would be declared illegal?   An agreement to commit a tort A contract for representation between attorney and client; the attorney is practicing without a law licens  
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Which of the following agreements is likely to be held in violation of public policy?   A contract in restraint of trade An unconscionable contract  
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The term __________ refers to the fact that the agreement in question is so unfair that it is void of conscience.   Unconscionable  
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An __________ clause is a statement releasing one of the parties to an agreement from all liability, regardless of who is at fault or what the injury suffered is.   Exculpatory  
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When an agreement is deemed illegal, courts will label the contract __________.   Void  
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A "severable" contract is also known as a(n) __________ contract.   Divisible  
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Created by: tinafici
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