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  3. Study Set
    Business Law Principles and Practices
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    Exam 8: Consideration
  5. Question
    Courts Will Sometimes Enforce Contracts When a Small Amount of Consideration
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Courts Will Sometimes Enforce Contracts When a Small Amount of Consideration

Question 17

Question 17

Short Answer

Courts will sometimes enforce contracts when a small amount of consideration, such as $1, is given for a promise. This small sum of money is called ____________________.

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