TRUE OR FALSE Identify whether the statement is true or false. 1. Contracts with minors are only voidable if the minor agrees to buy text books for school. 1 points A) True B) False 2. Vivian approached Yvette about the sale of a sapphire bracelet at $375. Yvette says she will think about this. The next day Yvette hands $370 to Vivian, Vivian takes it and responds that she will bring the bracelet for Yvette tomorrow at lunch. However, during that night Vivian died. Here a contract was not formed. 1 points A) True B) False 3. Acceptance could be evidenced by the offeree carrying out a duty detailed by the offeror. 1 points A) True B) False 4. An 18-year-old cannot enter into a contract if he has a criminal record. 1 points A) True B) False 5. Companies and partnerships are similar because the both have legal persona. 1 points A) True B) False