Question: Please answer the following short answer questions as thoroughly as possible. 1. Define consideration and describe the requirements of consideration. 2. Define minority, mental illness

Please answer the following short answer questions as thoroughly as possible.

1. Define consideration and describe the requirements of consideration.

2. Define minority, mental illness and intoxication and explain how they affect contractual capacity.

3. Define unconscionable contract and determine when such contracts are unlawful.

4. Describe duress and explain its impact on the enforceability of a contract.

5. Explain non-competition clauses and the elements courts consider when determining whether to enforce them.

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