A person who disaffirms a contract based on intoxication is not legally obligated to return the consideration he or she received under the contract to the other party.
Answer the following statement true (T) or false (F)
False
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If you have a tendency to write checks for amounts exceeding your checking balance, you need
A) an unsecured credit line. B) an overdraft protection credit line. C) a secured credit card. D) a debit card.
A ________ policy means offering the same price to all customers who purchase products under essentially the same conditions and in the same quantities.
A. differentiated B. one-price C. penetration price D. flexible price E. skimming price
Which of the following contracts are void for illegality?
A) A contract to falsely testify in court that the accused was with you when he allegedly committed the crime. B) A contract to provide sexual services for money C) A contract to knowingly sell electrical machinery that is not CSA approved D) A contract that charges an annual interest rate of 65% E) All of the above
The defense of slight duress is good against all holders
Indicate whether the statement is true or false