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
    A Promise to Perform a Pre-Existing Contractual Obligation Cannot Provide
Solved

A Promise to Perform a Pre-Existing Contractual Obligation Cannot Provide

Question 52

Question 52

True/False

A promise to perform a pre-existing contractual obligation cannot provide consideration under a new contract with the same party.That rule always reflects commercial reality.

Correct Answer:

verifed

Verified

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

Related Questions

Q47: The employment exception to the privity doctrine<br>A)was

Q48: Betta Corp,a manufacturer,sold widgets to Splendens Inc,a

Q49: Alpha Corp entered into an agreement with

Q50: An assignment can only be created by

Q51: Bentley Inc operates a sporting goods store.In

Q53: Herman is owed money from Victoria and

Q54: Deecey renovated Reece's shop in exchange for

Q55: Laetitia agreed to provide certain services to

Q56: Which of the following situations illustrates a

Q57: Which of the following explains why the

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