Author Question: Only financial items can constitute consideration. Indicate whether the statement is true or ... (Read 103 times)

Lobcity

  • Hero Member
  • *****
  • Posts: 524
Only financial items can constitute consideration.
  Indicate whether the statement is true or false

Question 2

No writing is required for a service contract that can be performed within one year after the date of the agreement.
  Indicate whether the statement is true or false



peter

  • Sr. Member
  • ****
  • Posts: 330
Answer to Question 1

FALSE

Answer to Question 2

TRUE



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

More than 2,500 barbiturates have been synthesized. At the height of their popularity, about 50 were marketed for human use.

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

Did you know?

Multiple experimental evidences have confirmed that at the molecular level, cancer is caused by lesions in cellular DNA.

Did you know?

About 60% of newborn infants in the United States are jaundiced; that is, they look yellow. Kernicterus is a form of brain damage caused by excessive jaundice. When babies begin to be affected by excessive jaundice and begin to have brain damage, they become excessively lethargic.

Did you know?

The word drug comes from the Dutch word droog (meaning "dry"). For centuries, most drugs came from dried plants, hence the name.

For a complete list of videos, visit our video library