Author Question: The promise or obligation of each party to a contract must be supported by consideration in order ... (Read 157 times)

FButt

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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

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Answer to Question 1

TRUE

Answer to Question 2

D



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