Question

promissory estoppel to bind parties to oral contracts that otherwise would be unenforceable under the statute of frauds.
True    False

13. In the case of false imprisonment, the plaintiff must be under confinement for a long time.
True    False

14. Generally speaking, statements made during judicial proceedings are absolutely privileged and, therefore, shield against defamation liability.
True    False

15. Ordinarily, an item is not considered to be a necessary if a parent or guardian already supplies the minor with similar items.
True    False

16. A promissory estoppel cannot be applied in the case of the absence of a binding consideration.
True    False

17. For federal district court diversity jurisdiction to exist, the amount in controversy must exceed $500,000.
True    False

18. A minor's contract for necessaries makes the minor liable for the reasonable value of the necessaries furnished to him.
True    False

19. A person who at the time of the contract lacked capacity due to mental impairment can ratify the contract once he/she regains his/her normal mental faculties.
True    False

20. In order for a unilateral mistake to make a contract voidable, either the nonmistaken party must have caused or had reason to know of the mistake, or enforcement of the contract must be unconscionable.
True    False

Answer 1

12. True  

It is a legal principle, promissory estoppel, which gives promises legality and make them enforceable.

13. False  

False imprisonment can lead to different types of penalties but long imprisonment can't be for every case.

14. True.

Generally such statements are protected from defamation liability. But in some cases courts may feel the need to put society's welfare ahead of the personal libakity.

15. True.

An item that a minor needs is considered necessary unless it is provided by his guardians.