« previous next »

Author Question: The promise or obligation of each party to a contract must be supported by consideration in order ... (Read 130 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?

Increased intake of vitamin D has been shown to reduce fractures up to 25% in older people.

Did you know?

Vaccines cause herd immunity. If the majority of people in a community have been vaccinated against a disease, an unvaccinated person is less likely to get the disease since others are less likely to become sick from it and spread the disease.

Did you know?

The first monoclonal antibodies were made exclusively from mouse cells. Some are now fully human, which means they are likely to be safer and may be more effective than older monoclonal antibodies.

Did you know?

Ether was used widely for surgeries but became less popular because of its flammability and its tendency to cause vomiting. In England, it was quickly replaced by chloroform, but this agent caused many deaths and lost popularity.

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.

A single crossover inserts F at a specific locus, which then determines the order of gene transfer A single crossover inserts F at a specific locus, which then determines the order of gene transfer
On March 25, 1911, as scores of young factory girls leaped to their deaths from the eighth, ninth, a On March 25, 1911, as scores of young factory girls leaped to their deaths from the eighth, ninth, a
A block of wood should be used to avoid the possibility of doing damage to components supported by ... A block of wood should be used to avoid the possibility of doing damage to components supported by ...
Most drugs exhibit first-order elimination, in which the rate of drug elimination is equivalent to ... Most drugs exhibit first-order elimination, in which the rate of drug elimination is equivalent to ...
How to evaluate third-order determinants by Minors Method (Question 1) How to evaluate third-order determinants by Minors Method (Question 1)
Sensory receptor synapses with first-order sensory neuron Sensory receptor synapses with first-order sensory neuron
Video: Ultrasound of a Fetus (Sonogram)

For a complete list of videos, visit our video library