Author Question: Consideration is defined as something of value or something bargained for in exchange for a promise. ... (Read 52 times)

washai

  • Hero Member
  • *****
  • Posts: 523
Consideration is defined as something of value or something bargained for in exchange for a promise. Normally, if consideration is absent:
 a. only the offeree may enforce the promise b. only the offeror may enforce the promise c. either party may enforce the promise
  d. neither party may enforce the promise e. none of the other choices

Question 2

Under the CISG both oral and written contracts can be enforced; the judge looks to the past dealings of the parties when there is confusion.
 a. True
  b. False
  Indicate whether the statement is true or false



javimendoza7

  • Sr. Member
  • ****
  • Posts: 293
Answer to Question 1

d

Answer to Question 2

TRUE



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

When taking monoamine oxidase inhibitors, people should avoid a variety of foods, which include alcoholic beverages, bean curd, broad (fava) bean pods, cheese, fish, ginseng, protein extracts, meat, sauerkraut, shrimp paste, soups, and yeast.

Did you know?

For about 100 years, scientists thought that peptic ulcers were caused by stress, spicy food, and alcohol. Later, researchers added stomach acid to the list of causes and began treating ulcers with antacids. Now it is known that peptic ulcers are predominantly caused by Helicobacter pylori, a spiral-shaped bacterium that normally exist in the stomach.

Did you know?

In 1835 it was discovered that a disease of silkworms known as muscardine could be transferred from one silkworm to another, and was caused by a fungus.

Did you know?

About 80% of major fungal systemic infections are due to Candida albicans. Another form, Candida peritonitis, occurs most often in postoperative patients. A rare disease, Candida meningitis, may follow leukemia, kidney transplant, other immunosuppressed factors, or when suffering from Candida septicemia.

Did you know?

Patients who have been on total parenteral nutrition for more than a few days may need to have foods gradually reintroduced to give the digestive tract time to start working again.

For a complete list of videos, visit our video library