Introduction to business law multiple choice review questions?

Question by alex B: Introduction to business law multiple choice review questions?
1. Don wants to exchange his performance for Earl’s promise. As consideration, performance that is legally sufficient may consist of
a. an act only.
b. a forbearance from an act only.
c. an act or a forbearance from an act.
d. none of the above.

2. Ken relinquishes the right to his son Lee’s control, care, custody, and earnings. This act is
a. a disaffirmance.
b. an emancipation.
c. a ratification.
d. restitution.

3. Cray returns a digital music player that he bought from Discount City, which refunds the price. Their exchange involves
a. an emancipation.
b. a ratification.
c. restitution.
d. severability.

4. Curt, a doctor, renders medical care to Dora, a minor. According to the reasoning of the court in Yale Diagnostic Radiology v. Estate of Harun, a contract between Curt and Dora is
a. express.
b. implied in fact.
c. implied in law.
d. non-existent.

5. Intoxicated but fully aware of the consequences, Uri agrees to a two-year cell-phone service contract with Wander Talk, Inc., at more than the average market price. This contract is
a. enforceable.
b. not enforceable because contracting parties can change their minds.
c. not enforceable because the contract clearly favors Wander Talk.
d. not enforceable because Uri was intoxicated when he agreed to it.

6. Odell owns Payroll Company, a bookkeeping service losing market share to Quik Work, Inc. Odell pays Remy $ 5,000 to steal a list of Quik’s clients, to whom Odell will aggressively market Payroll‘s services. This deal is
a. enforceable.
b. void.
c. voidable at the option of either party.
d. voidable at the option of the party having less bargaining power.

Best answer:

Answer by Chuckie O
1 c
2 idk
3 idk
4 d (minor cannot enter into contact)
5 d (unsound mind)
6 b (illegal activity)

Add your own answer in the comments!