True/False
Contracts binding without consideration include promises to pay debts barred by a statute of limitations and debts discharged in bankruptcy.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q10: Sandy's private secretary promises to keep the
Q11: Janet promises Eli $4,000 for one of
Q12: The performance of a pre-existing contractual duty
Q13: The parties to a contract may modify
Q14: A few states provide by statute that
Q16: If a promise is illusory,there is no
Q17: A modification of a preexisting contract occurs
Q18: Jason's mother would like him to go
Q19: Past actions that were not bargained for
Q20: Sue owes $5,000 to the First National