Which of the following is adequate consideration?
A) A preexisting duty
B) Agreement to settle an unliquidated debt
C) A preexisting moral obligation
D) Nominal consideration
Correct Answer:
Verified
Q47: The general common law rule on contract
Q48: Patricia is a general contractor performing construction
Q49: X and Y have a contract,which obligated
Q50: In which of the following circumstances is
Q51: Which of the following is true of
Q53: Able borrowed $10,000 from Baker,promising to return
Q54: A contract that involves obligations on the
Q55: Helen worked for ABC Motors for 25
Q56: Which of the following is an exception
Q57: The settlement of an unliquidated debt is
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