menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    The Legal Environment Today
  4. Exam
    Exam 10: The Formation of Traditional and E-Contracts
  5. Question
    Consideration Is the Value Given in Return for a Promise
Solved

Consideration Is the Value Given in Return for a Promise

Question 10

Question 10

True/False

Consideration is the value given in return for a promise or performance in a contractual agreement.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q2: Fresh Agro Inc. offers to deliver produce

Q6: Howe downloads Instagram's app by clicking on

Q9: Rue offers to pay Sari to deliver

Q11: Rona asks Steve,"Do you want to pay

Q12: A court usually will enforce a covenant

Q15: Shipping Corporation enters into contracts with distributors

Q16: One of the requirements of a valid

Q55: Intoxicated, Efron enters a contract for the

Q58: Shrink-wrap terms are enforceable even if a

Q68: A contract is an implied contract if

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines