menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Fundamentals of Business Law Today
  4. Exam
    Exam 8: Nature and Classification
  5. Question
    The Term Consideration Refers to the Voluntary Consent of All
Solved

The Term Consideration Refers to the Voluntary Consent of All

Question 16

Question 16

True/False

The term consideration refers to the voluntary consent of all of the parties to a contract.

Correct Answer:

verifed

Verified

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

Related Questions

Q8: A quasi contract is not enforceable by

Q14: An implied contract is implied from the

Q17: Jim tells Dana that he will take

Q18: An otherwise valid contract may be unenforceable

Q19: Avatar,Inc.,and Bling Corporation sign a contract in

Q20: A contract can be executed on one

Q23: Ed,a businessperson,is a friend of Fran,the owner

Q31: Holiday Sales Company and Global Distributors,Inc.,enter into

Q35: A contract is an agreement that can

Q37: If a voidable contract is avoided,the parties

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