Question:

$1.$ Examples of illegal contracts include all but the following:

A$.$ Contracts for the sale or distribution of heroin

B$.$ Contracts for loansharking

C$.$ Contracts in consideratioin of marriage

D$.$ Employment contracts for the hiring of undocumented workers.

$2.$ Which of the following are examples of people who may not have the capacity to enter into legally binding contracts?

A$.$Those under the age of majority

B$.$ People suffering from mental illness

C$.$ Intoxicated persons

D$.$ All of the above

$3.$ Jerry accepts Jim's offer to sell a uased car for $$2,000.$ At What point is there a binding contract?

A$.$ When the agreement is made

B$.$ When the money is paid

C$.$ When the car is delivered

D$.$ Ten days after the car is delivered and approved

$4.$ Examples of a defect in a breach of the implied warranty of merchantability, include all of the followibng except?

A$.$ Design defect

B$.$ Manufacturing defect

C$.$ Inadequate instructions

D$.$ Packaging defect