This topic contains a solution. Click here to go to the answer

Author Question: Indicate the correct statement about consideration. (Read 166 times)

mmm

  • Hero Member
  • *****
  • Posts: 558
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.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by mmm on Aug 7, 2021

ebe

  • Sr. Member
  • ****
  • Posts: 320
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.
Answer Preview
Only 56% of students answer this correctly




mmm

  • Member
  • Posts: 558
Reply 2 on: Aug 7, 2021
Excellent


lindahyatt42

  • Member
  • Posts: 322
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Glaucoma is a leading cause of blindness. As of yet, there is no cure. Everyone is at risk, and there may be no warning signs. It is six to eight times more common in African Americans than in whites. The best and most effective way to detect glaucoma is to receive a dilated eye examination.

Did you know?

Patients should never assume they are being given the appropriate drugs. They should make sure they know which drugs are being prescribed, and always double-check that the drugs received match the prescription.

Did you know?

Green tea is able to stop the scent of garlic or onion from causing bad breath.

Did you know?

Cyanide works by making the human body unable to use oxygen.

Did you know?

Certain rare plants containing cyanide include apricot pits and a type of potato called cassava. Fortunately, only chronic or massive ingestion of any of these plants can lead to serious poisoning.

For a complete list of videos, visit our video library