Question: TRUE/FALSE 1. A contract may not be rescinded based on puffery. 2. An agreement for the sale of a house does not need to be

TRUE/FALSE
1. A contract may not be rescinded based on puffery.
2. An agreement for the sale of a house does not need to be in writing if the deal will be completed within one year.
3. Noncompete clauses are suspect because they tend to restrain free trade.
4. A seller of property must generally disclose latent defects that he knows about.
5. A court is unlikely to enforce an exculpatory clause included in a contract for surgery.
6. An agreement for the sale of 600 plastic cups, worth $0.50 each, must be in writing to be enforceable.

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