menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Managing the Law
  4. Exam
    Exam 8: Consideration and Privity
  5. Question
    Past Consideration Does Not Satisfy the Requirement of Mutuality of Consideration
Solved

Past Consideration Does Not Satisfy the Requirement of Mutuality of Consideration

Question 9

Question 9

True/False

Past consideration does not satisfy the requirement of mutuality of consideration but can satisfy an obligation in certain circumstances.

Correct Answer:

verifed

Verified

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

Related Questions

Q4: Luke threatened to sue Leia for $50

Q5: Which of the following statements is TRUE?<br>A)Consideration

Q6: The doctrine of promissory estoppel operates only

Q7: As a result of her participation in

Q8: "Depending upon the circumstances,a promise to pay

Q11: Alpha Manufacturing enters into a carriage contract

Q12: The word "estop" means<br>A)"to prove."<br>B)"to deny."<br>C)"to prevent."<br>D)"to

Q13: Ash is moving from Canada to the

Q14: Identify the circumstances in which an employee

Q14: Dunlop sold tires to Mew.The parties' contract

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