D Question 1 1 pts A minor may enter into most contracts? O True O False D Question 2 2 pts A minor who enters into a contract for necessities of life (necessaries) may disaffirm the contract but remains liable for the reasonable value of the goods. O True O False D Question 3 1 pts A contract will be voidable when a person has been previously determined to be mentally incompetent by a court of law. O True O FalseQuestion 4 1 pts A contract is void when a mentally incompetent person is having a lucid interval at the time of entering into the contract. O True False Question 5 2 pts Sheldon, 17 years old, bought a new computer from the Dell store. Sheldon kept using the computer until he was 20 years old, He contacts Dell and tells them that since he was a minor (under 18 years old) he wants to disaffirm the contract. Which statement is correct? O Dell properly denied Sheldon's request because Sheldon impliedly ratified the contract. O Dell improperly denied Sheldon's request because Sheldon can disaffirm the contract at any time. Dell improperly denied Sheldon's request because Sheldon made his disaffirmance timely. O Dell properly denied Sheldon's request because Sheldon expressly ratified the contract.Question 6 2 pts A contract that does not have a legal purpose is O Void O Valid Enforceable O Voldable Question 7 1 pts A contract where the terms are so unscrupulous or grossly unfair as to be "void of conscience." O Unconscionable contract O Quasi contract O Covenant not to compete O Bilateral contract