menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Business Law
  4. Exam
    Exam 12: Consideration
  5. Question
    A Promise by One Party to Pay Another for Refraining
Solved

A Promise by One Party to Pay Another for Refraining

Question 9

Question 9

True/False

A promise by one party to pay another for refraining from an act is enforceable.

Correct Answer:

verifed

Verified

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

Related Questions

Q4: Venture Capital Corporation loans Wally $15,000 to

Q5: In contract law,"consideration" refers to the courtesy

Q6: Inadequate consideration may indicate undue influence.

Q8: Fact Pattern 12-A1 (Questions A4-A6 apply)<br>Jesse defends

Q10: Fact Pattern 12-A2 (Questions A8-A10 apply)<br>Cut-Rate Construction

Q11: Under a contract with Bucolic Farms,Agro Excavation,Inc.,begins

Q13: Courts typically consider the adequacy of consideration.

Q14: Domestic Auto Sales,Inc.,promises its salaried employees a

Q16: For consideration to have "legally sufficient value,"

Q41: A covenant not to sue is against

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