Because the consideration on option contracts is most often nominal, its recital in the written instrument is usually a mere formality, and need not be paid.
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Q1: A driver offers to clean the bus,
Q2: Consideration is a universal requirement in almost
Q4: The promise to make a gift is,
Q5: If a promisor gives an illusory promise,
Q6: A court will usually invalidate a contract
Q7: William billed Denise $200 for cleaning her
Q8: John rescues Oswald's dog and Oswald promises
Q9: Mable agrees to quit smoking in return
Q10: The UCC permits one party to discharge,
Q11: The receipt by one person of something
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