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Author Question: Which of the following constitutes valid consideration? A) A promise to refrain from doing an ... (Read 86 times)

saraeharris

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Which of the following constitutes valid consideration?
 A) A promise to refrain from doing an illegal act
 B) Past performance
 C) A promise to refrain from doing an act that can be lawfully done
 D) A promise to do what one is already obligated to do

Question 2

A person who is prevented from enforcing a contract because of the statute of frauds also is prevented from recovering the value of services, property, or money furnished the other party to the oral contract.
  Indicate whether the statement is true or false



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covalentbond

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Answer to Question 1

C

Answer to Question 2

FALSE




saraeharris

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Reply 2 on: Jun 24, 2018
Excellent


dyrone

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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