True/False
A promise to give up something of value that a person has a legal right to keep or to agree to do something that a person is not legally required to do is known as consideration.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q2: The requirement that the form of a
Q3: A telephone conversation can result in a(n):<br>A)
Q4: A simple contract is not:<br>A) written.<br>B) oral.<br>C)
Q5: An agreement that lacks one or more
Q6: To be legally enforceable, a contract must
Q8: In divisible contracts, the law of sales
Q9: In the event of a dispute involving
Q10: An entire or indivisible contract can contain
Q11: Certain contracts, such as those involving the
Q12: Proper form is the requirement that the