Past consideration
A) is synonymous with moral consideration.
B) is a promise made for an act about to take place.
C) usually induces the offeree to act.
D) is a promise made for an act that has already taken place.
Correct Answer:
Verified
Q18: Courts will not enforce contracts calling for
Q19: Consideration can be
A) a benefit to the
Q20: A creditor's promise to accept less than
Q21: A creditor's agreement to accept part payment
Q22: Part payment of a liquidated claim
A) discharges
Q24: The Wurzer Corporation entered into a written
Q25: If a person owes several people money,
Q26: Part payment of a debt can cancel
Q27: Refraining from doing something you have a
Q28: When a debtor and a creditor are
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