Question: A preexisting duty is not valid consideration under a contract. True False QUESTION 22 A contract for such as food or shelter, is enforceable against

A preexisting duty is not valid consideration

A preexisting duty is not valid consideration under a contract. True False QUESTION 22 A contract for such as food or shelter, is enforceable against a minor. QUESTION 23 A contract made by a minor can be ratified after the minor reaches the age of majority. True False QUESTION 24 Charging interest that is higher than the amount allowed by law is known as

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