Scienter means:

a. Intent to deceive

b. Based on science

c. Silent in its terms

d. Negligent Misrepresentation

17. True/False: One party being in economic need creates a sufficient amount of duress and is a valid defense against the enforcement of a contract.

True: _____ False: _____

18. The following is/are considered material misrepresentation(s) in a contract situation:

a. An affirmative act of concealment

b. A salespersons puffery

c. Misrepresentation of law by an expert in that area

d. Silence as to a material fact by someone in a fiduciary relationship

e. a, b & c

f. b, c & d

g. a, c & d

h. All of the above

i. None of the above

19. The name of the act that requires certain contracts be made in writing is:

a. The Contracts Writing Act

b. Consumer Protection Act

c. Statute of Frauds

d. The CYA Act of 2021

20. Which of the following types of contracts do NOT be have to be in writing:

a. Contracts involving interests in land

b. Contracts that cannot be performed within one year from the date after formation

c. Contracts in consideration of marriage

d. Contracts for the sale of goods over $500

e. All of the above

f. None of the above