Which of the following agreements is supported by consideration?
A) Peter owes William £9,000. Peter cannot pay off the debt and his father, Chester, offers William £5,000 in full and final settlement.
B) Steven has hired the son of his principal investor, Mark, to sit on the board of his company. Mark frequently goes out drinking or gambling and is lazy at work. To ensure that he makes a good impression on a business trip to Asia, Steven promises to pay Mark an additional £1000 if he promises to behave himself.
C) Hannah is planning to go to the seaside this weekend. She tries to convince Robert to come along, but he is pessimistic about the weather. Hannah promises to buy Robert dinner if it rains this weekend.
D) None of the options given is correct.
Correct Answer:
Verified
Q1: The presence of consideration makes a promise
Q2: What is the relevance of the Court
Q3: What is the significance of the Court
Q4: Yazoo Construction Co Ltd agrees with Zelda
Q5: Fred owes Amy £100 but has failed
Q7: Which of the following agreements is not
Q8: Which of the following agreements is supported
Q9: Which of the following agreements is not
Q10: Consider the following two statements:
I.An unfair bargain
Q11: Allcast Co agrees to lease shop premises
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents