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
Correct Answer:
Verified
Q2: Performing or promising to perform what one
Q3: Blake has subscribed to a local charitable
Q4: Only financial items can constitute consideration.
Q5: When charitable enterprises are financed by voluntary
Q6: Which of the following is true of
Q7: A promise to steal a valuable piece
Q8: When one refrains or promises to refrain
Q9: For a promise to constitute consideration, the
Q10: As a general rule, a promise must
Q11: Mark owes $2000 each to his business
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