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Author Question: Indicate the correct statement about consideration. (Read 158 times)

mmm

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on: Aug 7, 2021
Indicate the correct statement about consideration.
◦ In a unilateral contract, the performance of the promisee provides no consideration to the promisor.
◦ In a bilateral contract, the exchange of promises does not provide consideration for both parties.
◦ Consideration is "the price for which the promise (or the act) of the other is bought."
◦ An altered course of action (e.g., forbearance) is not good consideration.
◦ The common law holds that consideration must be adequate to ensure that contracts are fair bargains.
Legal Fundamentals for Canadian Business ¦ Yates ¦ 4th Edition
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Marked as best answer by mmm on Aug 7, 2021

ebe

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Reply #1 on: Aug 7, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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mmm

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Reply 2 on: Aug 7, 2021
Excellent

olderstudent

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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