This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: For a promise to constitute consideration, the promise must prevent imposing an obligation on the ... (Read 432 times)

sc00by25

  • Hero Member
  • *****
  • Posts: 596
on: Jun 24, 2018
For a promise to constitute consideration, the promise must prevent imposing an obligation on the person making it.
  Indicate whether the statement is true or false

Question 2

The statute of frauds applies to promises to answer for another party's debt, but does not apply to a promise to answer for another party's default.
  Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

vickybb89

  • Sr. Member
  • ****
  • Posts: 347
Reply #1 on: Jun 24, 2018
Answer to Question 1

FALSE

Answer to Question 2

FALSE


sc00by25

  • Member
  • Posts: 596
Reply 2 on: Jun 24, 2018
YES! Correct, THANKS for helping me on my review

hollysheppard095

  • Member
  • Posts: 339
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

The modern decimal position system was the invention of the Hindus (around 800 AD), involving the placing of numerals to indicate their value (units, tens, hundreds, and so on).

Did you know?

Cocaine was isolated in 1860 and first used as a local anesthetic in 1884. Its first clinical use was by Sigmund Freud to wean a patient from morphine addiction. The fictional character Sherlock Holmes was supposed to be addicted to cocaine by injection.

Did you know?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.

Did you know?

Hip fractures are the most serious consequences of osteoporosis. The incidence of hip fractures increases with each decade among patients in their 60s to patients in their 90s for both women and men of all populations. Men and women older than 80 years of age show the highest incidence of hip fractures.

Did you know?

Throughout history, plants containing cardiac steroids have been used as heart drugs and as poisons (e.g., in arrows used in combat), emetics, and diuretics.

A pygmy hippopotamus rests in some water to help prevent its skin from cracking at Ueno Zoo in Japan A pygmy hippopotamus rests in some water to help prevent its skin from cracking at Ueno Zoo in Japan
Coronary stent. Illustration of an angiogram revealing a coronary stent, which helps prevent closure Coronary stent. Illustration of an angiogram revealing a coronary stent, which helps prevent closure
For Your Consideration: If you had been reared in an Amish family, how would your ideas, attitudes, ... For Your Consideration: If you had been reared in an Amish family, how would your ideas, attitudes, ...
Steel-toed shoes are a worthwhile investment to help prevent foot injury due to falling objects. ... Steel-toed shoes are a worthwhile investment to help prevent foot injury due to falling objects. ...
Promise and Problems of the Eurozone Promise and Problems of the Eurozone
Dry hands and forearms thoroughly with clean paper towels to prevent chapping. Dry hands and forearms thoroughly with clean paper towels to prevent chapping.
Video: Mechanisms of capillary exchange

For a complete list of videos, visit our video library