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Which of the following is a true statement? Excuplatory clauses in contracts are

ID: 443984 • Letter: W

Question

Which of the following is a true statement?

Excuplatory clauses in contracts are typically upheld by the courts.

A non-compete agreement in the contract for the sale of a business will not be found to violate public policy if it meets the tests of reasonableness.

All gambling agreements are illegal contracts since gambling is immoral.

The age of majority for contracting in most states is 35.

A.

Excuplatory clauses in contracts are typically upheld by the courts.

B.

A non-compete agreement in the contract for the sale of a business will not be found to violate public policy if it meets the tests of reasonableness.

C.

All gambling agreements are illegal contracts since gambling is immoral.

D.

The age of majority for contracting in most states is 35.

Explanation / Answer

The age of majority for contracting in most states is 35

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