TRUE/FALSE
1. To be enforceable, all contracts must be in writing.
2. Abdul hires Sean to work in his store, and agrees to pay him $9 per hour. This agreement is governed by the UCC.
3. If an offer demands a reply within a stated period, the absence of a reply indicates acceptance.
4. Without a meeting of the minds there cannot be a contract.
5. As long as one party gives consideration, there is a binding contract.