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Author Question: Which of the following constitutes valid consideration? A) A promise to refrain from doing an ... (Read 92 times)

saraeharris

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on: Jun 24, 2018
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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Reply #1 on: Jun 24, 2018
Answer to Question 1

C

Answer to Question 2

FALSE


saraeharris

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Reply 2 on: Jun 24, 2018
Great answer, keep it coming :)

mohan

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

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