Question: 1. Most contract law is derived from common law rather than statutory law. True False 2. A mentally incompetent adult who has lucid (e.g. competent)

1. Most contract law is derived from common law rather than statutory law.

True

False

2. A mentally incompetent adult who has lucid (e.g. competent) periods can enter into legally binding contracts during those lucid periods.

True

False

3. If an elderly person's legal guardian is in the person's last will and testament to receive a large sum of money, a court will generally assume undue influence that the guardian must disprove.

True

False

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