Easton promises to pay Sara $500 in exchange for Sara's $5,000 car.Under the doctrine of freedom of contract,Easton's consideration is

Question

Quizplus · Accepted Answer

The doctrine of freedom of contract means that parties are free to negotiate and agree to their own terms of the contract. As long as there is mutual consideration, meaning both parties receive something of value, the contract is legally enforceable. In this case, Easton's promise to pay $500 is legally sufficient consideration for the transfer of Sara's $5,000 car, making the contract enforceable. Therefore, the answer is D, legally sufficient.

Easton Promises to Pay Sara $500 in Exchange for Sara's