Answer True or False and Why.

1. True or false: A court in the district of Columbia held that for an act to constitute an acceptance of an offer of a reward, the act must be taken in response to the offer.

2. True or False: The right to disaffirm a contract that a person enters into when he or she is a minor terminates automatically when the person reaches the age of majority.

3. True or false: Only a legal guardian can enter into legally binding contracts on behalf of a mentally incompetent person.

4. True or False: Lucy V. Zehmer, the supreme court of appeals of Virginia ruled that the defense of intoxication would not apply to defeat the sale of a farm by the defendants even though the contract had been drafted while the parties were drunk.

5. True or False: Courts will not reform a covenant not to compete because they do not wish to substitute their judgment for that of the contracting parties.

6. True or False: To rescind a contract for fraudulent or nonfraudulent misrepresentation it is necessary that the plaintiff proves that the defendant had the intent to deceive.