QUESTION 1 Failure to disaffirm an executory contract within a reasonable time after reaching the age of majority implies ratification O True O False QUESTION 2 When both parties to a contract are minors, neither of them may disaffirm the contract True O False E QUESTION 3 When a statute protects a certain class of people, a member of that class cannot enforce an illegal contract True False QUESTION 4 Most courts are usually very concerned about the faimess of contracts True False QUESTION 5 Parents who sign a contract made by their minor child with an adult have the same option to disattim as the child True False