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Consider the Following Two Statements

Question 10

Multiple Choice

Consider the following two statements:
I.An unfair bargain which is obscenely advantageous for one party and completely disastrous for the other is not supported by consideration and thus unenforceable.
II.No type of estoppel can ever create a new cause of action; it can only act 'as a shield, not as a sword'.
Which of these statements is true?


A) Both I and II
B) Only I
C) Only II
D) Neither

Correct Answer:

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