There are certain transactions that are enforceable without consideration.These include:

Question

Quizplus · Accepted Answer

All of the above choices involve situations where consideration is not necessary for the transaction to be enforceable. In choice A, a promise to pay a debt barred by the statute of limitations is enforceable without consideration due to the legal principle of "past consideration." In choice B, a promise to pay a discharged debt is enforceable without consideration as long as certain conditions are met, such as the promise being in writing and signed by the debtor. Choice C refers to a situation where a contract may be initially voidable, but if the party with the right to avoid the contract instead chooses to reaffirm it through a new promise, consideration is not required for the reaffirmed contract to be enforceable.

There Are Certain Transactions That Are Enforceable Without Consideration