Multiple Choice
There must be some incentive or inducement for a person's promise or it is not binding. The legal mechanism for evaluating the existence of this incentive is "_____" which refers to the receipt of a legal benefit or the suffering of a legal detriment.
A) collusion
B) promissory estoppel
C) consideration
D) reversion
E) novation
Correct Answer:

Verified
Correct Answer:
Verified
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