Multiple Choice
In the context of contract law,'consideration' is defined as:
A) the act of considering the terms of a contract before agreeing to them.
B) the monetary value of the contract.
C) a sum paid by one party for the other party's offer.
D) the price paid by each party for the other party's promise or performance.
Correct Answer:
Verified
Correct Answer:
Verified
Q1: Which of the following is the best
Q2: Consideration must be present or future,it cannot
Q4: Estoppel is based on an assumption of
Q5: The rule in Foakes v Beer will
Q6: Estoppel can only be used as a
Q7: The decision in Waltons Stores (Interstate)Ltd v
Q8: When the doctrine of promissory estoppel is
Q9: Valid consideration is NOT established by which
Q10: The case of Foakes v Beer (1884)9
Q11: Only a promise supported by consideration will