Question: help !! Name: FALSE 1) Agreements not to compete are legal if the restraint is TRUE reasonable as to time and area. 2) An agreement

help !!
help !! Name: FALSE 1) Agreements not to compete
Name: FALSE 1) Agreements not to compete are legal if the restraint is TRUE reasonable as to time and area. 2) An agreement that calls for the commission of a civil TRUE FALSE wrong is always valid. . TRUE FALSE 3) The U.c.c. has its own Statute of Frauds of $500. 4) The Statute of Frauds requires all contracts to be in TRUE FALSE writing. 5) Parol Evidence may be used to supply missing terms to an TRUE FALSE obviously incomplete contract. 6) An ambiguous contract is interpreted strictly against the party who drafted it. TRUE FALSE 7) A party to a contract is usually not bound if the contract proves to be a bad bargain and results in no profit. TRUE FALSE 8) To be valid, an assignment must always be in writing. FALSE 9) The original parties to a contract may terminate it so long as the third party beneficiary has not substantially changed position in reliance on it. TRUE FALSE 10) The death of a party always cancels out a contract for the payment of money made before death. TRUE TRUE FALSE

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