Consideration is not required in:
A) contracts for the sale of goods.
B) employment contracts.
C) agreements to modify employment contracts.
D) agreements to modify contracts for the sale of goods.

Question

Quizplus · Accepted Answer

Under the Uniform Commercial Code (UCC), which governs the sale of goods in the United States, an agreement to modify a contract for the sale of goods does not require additional consideration to be binding. This is an exception to the general rule that consideration is required for a contract or modification to be enforceable.

Consideration Is Not Required In