1. If minors engage in a business in the same manner as persons having legal capacity, what is the consequence of their business contracts?
2. What is the obligation of a minor on disaffirming a contract?
3. When and how may a minor ratify a voidable contract?
4. If Gordon, a minor, lies about his age to induce an adult to enter a contract, is he guilty of a tort? Can any resulting contract be enforced?
4. What is the effect in most states of a person being formally adjudicated incompetent?
5. Can a person who has not been judicially declared insane and has only intervals of insanity or delusions make a binding contract?
6. Explain the enforceability of contracts made by people who have become so intoxicated that they cannot understand the meaning of their acts.