True or False
1. Some promises are not legally binding.
2. The intention to enter into a contract is judged by outward, objective facts as interpreted by a reasonable person.
3. The only requirement of a valid contract is that it be voluntarily entered into.
4. "Consideration" refers to the voluntary consent of all of the parties to a contract.
5. The doctrine of quasi contract can be used only when there is an actual contract that covers the matter in c controversy.
6. An agreement is evidenced by a single event: an offer.
7. An expression of opinion-"your customers will like this"-is an offer.
8. A counteroffer does not terminate but continues an offer.
9. Under the mailbox rule, an acceptance takes effect at the time it is sent.
10. An e-record is considered received under the UETA only if a person is aware of its receipt.