menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Contemporary Business Law
  4. Exam
    Exam 10: Agreement and Consideration
  5. Question
    A Promise Exhibits Consideration If a Person Promises to Perform
Solved

A Promise Exhibits Consideration If a Person Promises to Perform

Question 26

Question 26

True/False

A promise exhibits consideration if a person promises to perform an act or do something he is already under an obligation to do.

Correct Answer:

verifed

Verified

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

Related Questions

Q21: How is a revocation similar to a

Q22: What are the elements that must be

Q23: Can an offer be accepted if it

Q24: The revocation of an offer is effective

Q28: The mirror image rule is a rule

Q29: What are the prerequisites for an offeree

Q30: An acceptance for a bilateral contract is

Q31: If the offeree uses an unauthorized means

Q34: Which of the following is true for

Q35: To meet contractual legality,considerations must be _.<br>A)beneficial

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