True or false: consent and capacity

Exercise and reference answers

Questions

1. Statement is true

   Yes

   Statement

   Every person of the age of majority and sound mind is competent to contract.

2. Statement is true

   Yes

   Statement

   An agreement without free consent may be voidable.

3. Statement is true

   No

   Statement

   Coercion and undue influence are the same thing under the Act.

4. Statement is true

   Yes

   Statement

   A contract needs a lawful object as well as lawful consideration.

Instructions

Decide whether each statement about the Act is true or false.

Explanation