Answer :
66. True (T). A deposition is a form of discovery. (67). True (T). The Offer and Acceptance in a contract create the "Agreement". (68). False (F). Consideration in a contract is not necessary. (69). True (T). (70). True (T).
66. Deposition is a form of discovery and is a legal process where evidence is given under oath by a witness or a party involved in the legal proceedings. In the case of civil litigation, the attorneys involved in the case usually conduct depositions. In the course of the deposition, they ask questions to elicit information from the person being deposed.
67. The Offer and Acceptance in a contract create the "Agreement" which is the basis of any legally binding contract. The Offer and Acceptance form the core of the Agreement in a contract and are two of the most important legal concepts in contract law. An offer is a promise by one party to enter into a contract on certain terms while acceptance is the other party's agreement to be bound by those terms.
68. Consideration is necessary for a contract, and without it, a contract would not be enforceable. Consideration is the exchange of something of value, such as money or services, between two parties, which makes the agreement binding. Without consideration, the contract would not have legal value, and the parties would not be bound by the terms of the contract.
69. Capacity in a contract refers to a person's mental state or age. To be legally bound by a contract, a person must have the legal capacity to enter into the agreement. Minors and people who are mentally incompetent are not considered to have legal capacity, and therefore, their contracts may be voidable.
70. An express contract is a legally binding agreement that can be either oral or written. It is an agreement in which the terms are explicitly stated, and both parties agree to those terms. An express contract can be enforced by a court of law in case of a breach of contract.
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