1. A contract that has all of the legal elements and is fully is enforceable is:
A. Valid C. Voidable
B. Void D. Unenforceable
2. A contract that lacks one or all elements and has no legal force or effect is?
A. Valid C. Voidable
B. Void D. Enforceable
3. A contract that has all the legal elements and may be rescinded or disaffirmed is?
A. Valid C. Voidable
B. Void D. Enforceable
4. A contract that has all the legal elements and is enforceable only between the parties is?
A. Violation of Statute of Frauds C. Void
B. Void D. Unenforceable
5. A contract that substituted for a new contract is:
A. Novation C. Assignment
B. Sub-Contracting D. Statute of limitations
6. Amy has transferred all of her rights and duties in her rental contract to Joe. Amy has:
A. Become the landlord to Joe C. Assigned her contract to Joe
B. Novated her contract to Joe D. Exceeded the statute of limitation