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In a legal action to enforce a contract, the court will assess whether there was any value to whatever consideration was given by both parties to the contract. evaluate whether there is any monetary value of the consideration given by both parties before enforcing the contract. evaluate whether, at the time the contract was formed there was consideration of any kind given by both parties. No answer text provided. In California, if a minor enters into a contract to buy a television set the minor can not enforce the contract to compel the store to honor the warranty and fix a defect. the contract may be enforced by the minor, but the contract is voidable by the minor (subject to disaffirmance) for a reasonable time after the minor reaches the age of 18. the minor may not enforce the contract unless a parent or guardian entered the contract for the minor. No answer text provided. The contract element of consideration is what distinguishes a contract from a gift. True. A contract requires consideration while a gift is something given without consideration. False. No answer text provided. No answer text provided. A person who, at the time of entering a contract lacks the ability to understand the nature, purpose, and effect of the transaction enters into a voidable contract, meaning that the person lacking understanding may cancel the contract at that person's option. True Faise

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