The gift of money in wall us classified as devise

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Reference no: EM132169632

1. T/F A contract entered into by a minor is voidable at the option of the minor.

2. T/F The Uniform Commercial Code governs contracts for the sale of goods.

3. T/F The Statute of Frauds that certain contracts be in writing in order to be enforceable.

4. T/F The gift of money in a wall us classified as a devise.

5. T/F The finder of lost property has title that is good against evryone excpet for the true owner.

6. T/F The consignor is the party named in a bill of lading as the one to whom goods are to be delivered.

7. T/F Leases of personal property, as opposed to leases of land and buildings, are goverend by Article 2A of the Uniform Commercial Code

8. T/F The standard for having sufficient mental capacity to make a will is the same as the standard for being able to enter into a contract.

Reference no: EM132169632

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