The case of Foakes v Beer (1884) 9 App Cas 605 is authority for the principle that payment of a lesser amount than that already owed:
A) discharges the debt if accepted by the payee.
B) is an act detrimental to the payer and therefore good consideration.
C) is not sufficient consideration for the payee's promise to discharge the debt.
D) can be revoked at any time by the payer.
Correct Answer:
Verified
Q2: The effect of the rules of consideration
Q3: Which case is authority for the principle
Q4: In order to form a simple contract,a
Q5: Which of the following is the best
Q6: In which case did the court decide
Q7: In the context of contract law,'consideration' is
Q8: Valid consideration is NOT established by which
Q9: The claim for higher wages was successful
Q10: Which of the following is the best
Q11: To establish consideration,the price must be:
A)valuable,adequate and
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