Consideration can have legal value:
A) if there is no proof of bargain between the promisor and promisee.
B) if the promisee does or agrees to do something,he or she had no prior legal duty to do,in exchange for the promisor's promise.
C) if the promisee agrees to do something he or she has a legal right to do in exchange for the promisor's promise.
D) if the promisee doesn't give up something in exchange for the promise made by the promisor.
Correct Answer:
Verified
Q12: Once a binding accord and satisfaction has
Q17: Under the UCC,a modification of an existing
Q18: A bilateral contract that lacks mutuality is
Q19: Forbearance from suing can never be valid
Q20: In determining whether a party has given
Q21: In general,performing a preexisting duty:
A)is consideration.
B)is not
Q22: On October 29,1989,Al Glitz agrees to paint
Q23: Polly promises to pay city council member
Q24: Under section 2-209 of the UCC,agreements to
Q25: Shoddy Roofing Company agrees to do the
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