« previous next »

Author Question: The promise or obligation of each party to a contract must be supported by consideration in order ... (Read 95 times)

FButt

  • Hero Member
  • *****
  • Posts: 519
on: Jun 24, 2018
The promise or obligation of each party to a contract must be supported by consideration in order for the contract to be valid.
  Indicate whether the statement is true or false

Question 2

Consideration is not required in:
 A) contracts for the sale of goods.
 B) employment contracts.
 C) agreements to modify employment contracts.
 D) agreements to modify contracts for the sale of goods.


kjohnson

  • Sr. Member
  • ****
  • Posts: 330
Reply #1 on: Jun 24, 2018
Answer to Question 1

TRUE

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

FButt

  • Hero Member
  • *****
  • Posts: 519
Reply #2 on: Jun 24, 2018
Thank you :)


kjohnson

  • Sr. Member
  • ****
  • Posts: 330
Reply #3 on: Jun 24, 2018
Happy to help you


« previous next »
 

Did you know?

Blastomycosis is often misdiagnosed, resulting in tragic outcomes. It is caused by a fungus living in moist soil, in wooded areas of the United States and Canada. If inhaled, the fungus can cause mild breathing problems that may worsen and cause serious illness and even death.

Did you know?

Opium has influenced much of the world's most popular literature. The following authors were all opium users, of varying degrees: Lewis Carroll, Charles, Dickens, Arthur Conan Doyle, and Oscar Wilde.

Did you know?

Cucumber slices relieve headaches by tightening blood vessels, reducing blood flow to the area, and relieving pressure.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates's recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

On average, someone in the United States has a stroke about every 40 seconds. This is about 795,000 people per year.

The conduction system of the heart; traces the path of the electrical impulse that stimulates the he The conduction system of the heart; traces the path of the electrical impulse that stimulates the he
An electrocardiogram (EKG) wave, a record of the electrical signal as it moves through the conductio An electrocardiogram (EKG) wave, a record of the electrical signal as it moves through the conductio
These illustrations show Ellen Craft, a slave with and without a disguise. She dressed “as a disting These illustrations show Ellen Craft, a slave with and without a disguise. She dressed “as a disting
For Your Consideration: If you had been reared in an Amish family, how would your ideas, attitudes, ... For Your Consideration: If you had been reared in an Amish family, how would your ideas, attitudes, ...
The ultimate foundation of any political order is violence, no more starkly demonstrated than when a ... The ultimate foundation of any political order is violence, no more starkly demonstrated than when a ...
First-order sensory neuron with free nerve endings First-order sensory neuron with free nerve endings
Video: Cortisol (protein catabolism, gluconeogenesis, vasoconstriction & anti-inflammation)

For a complete list of videos, visit our video library