Multiple Choice
With regard only to the requirement of consideration,which one of the following would be a binding contract?
A) a promise by Tom to drive a co-worker to Timmins
B) a promise to give $10 exchanged for a promise to give a can of pop
C) a promise by Mr. Brent to pay $25 to John who found and returned Brent's wallet, which Brent didn't even know he had lost until John delivered it
D) an agreement between a contractor and a homeowner that the owner would pay an additional $1000 if the contractor would complete the existing contract according to all its terms
E) a written promise, but not under seal, to give John $50 on Saturday
Correct Answer:

Verified
Correct Answer:
Verified
Q5: Even though a person promises to hold
Q63: What would be the result if a
Q71: Joe was a contractor and hired subtrades
Q72: Mr.Goode,a neighbour of your parents,offered to sell
Q74: A person is required to honour a
Q82: Only the person or group to whom
Q97: Distinguish between a bilateral and a unilateral
Q103: Joe, a university student, parked his car
Q108: What is a "gratuitous promise"?
Q119: A contract with fixed terms prepared by