Need it with in 1 hr please ( Midterm Exam)

True or False

1.A contract must be evidenced in writing before it is a binding agreement.

2.A void contract may sometimes be legally binding.

3.A promise not to do something can be good consideration.

4.When an offeree places a condition on the acceptance it does not change the validity of the acceptance and a contract is nonetheless formed.

5.It is possible to sue a person for payment even where there is no express contract.

6.A husband promises his wife to buy her a house if she finds a job and works for a year. She does this but he reneges on the promise. There is an enforceable contract.

7.In commercial agreements there is a presumption that the parties intend to create legal relations.

8. An eighteen year old made a contract to buy a universal gym which was delivered andwhich he used after his nineteenth birthday. He is legally bound to pay for it.

9.Silence, or a failure to respond to an offer, can never be interpreted as an acceptance.

10.When an offer is made for the purchase of land, it can be revoked at any time before acceptance.

Definitions

1. Quid Pro Quo

2. Contract Law

3. Negotiation

4. Appeals

5. Guarantee