Multiple Choice
Wayne helped Hank study all night for an important exam.After Hank got an "A" on the exam,he told Wayne,"I will give you $10 for helping me get a good grade." Wayne said,"Thanks,I'll take it." There is:
A) no contract because there is no mutual assent.
B) no contract because there is no valid consideration.
C) no contract because $10 is reasonably inadequate consideration.
D) a contract with sufficient consideration.
Correct Answer:

Verified
Correct Answer:
Verified
Q44: Define consideration.
Q45: Ken,a research chemist,has been promised a fellowship
Q46: In settling a liquidated debt,payment of a
Q47: Which of the following will support a
Q48: Consideration has only one basic element,which is
Q50: Mary agrees to sew Georgia's prom dress
Q51: According to the UCC,only a merchant can
Q52: Which of the following gratuitous promises is/are
Q53: Consideration does not require an actual benefit
Q54: A bank robbery has occurred,and the banker's