Multiple Choice
Fritz offers to buy a guitar owned by Holle for twice what she paid for it. She accepts and hands the guitar to Fritz. Holle's delivery of the guitar is
A) not consideration because its adequacy is unfair.
B) not consideration because the exchange is not a bargain.
C) consideration.
D) not consideration because the value is not legally sufficient.
Correct Answer:
Verified
Correct Answer:
Verified
Q28: EcoEnergy LLC files a suit against Fiber
Q29: Consideration must provide the basis for the
Q30: Providing accounting services is "something of legally
Q31: Centre City Properties, Inc., owns and manages
Q32: A preexisting duty may arise out of
Q34: In general, courts question the adequacy of
Q35: Jen promises to pay Kam $500 because
Q36: Molly's motorcycle is damaged in an accident
Q37: A promise to pay a previous debt
Q38: To constitute consideration, there must be<br>A)a payment.<br>B)a