Which of the following statements is not correct?
A) Consideration must have a legally recognised value.
B) Consideration must be possible to perform.
C) Consideration must be lawful.
D) Consideration can be vague if it involves the performance of an existing moral obligation.
Correct Answer:
Verified
Q1: Consideration can be:
A)present or past but not
Q2: In which of the following contracts is
Q4: The rule in Foakes v Beer states
Q5: The legal effect of promissory estoppel is:
A)a
Q6: You signed a one- year contract to
Q7: Which of the following statements is/are accurate
Q8: Manuela's grandfather promised to loan her $3000
Q9: Part payment of a debt may provide
Q10: The case of Roscorla v Thomas involved
Q11: Bill sold a lawnmower to Brodie for
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