Past consideration is an adequate consideration to support a promise, therefore, it can create a contract.
Correct Answer:
Verified
Q2: Which of the following requirements of a
Q3: Suretyship is the legal relationship formed when
Q4: Under the UCC, a change in the
Q5: The Uniform Commercial Code addresses contracts involving
Q6: The Restatement of Contracts is also known
Q7: Which of the following requirements of a
Q8: The consideration requirement of a valid contract
Q9: If the terms of a contract have
Q10: If it is illegal to do an
Q11: A _ is a voluntary promise between
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