There are certain transactions that are enforceable without consideration.These include:
A) promises to pay a debt barred by the statute of limitations.
B) a promise to pay a debt that has been discharged in bankruptcy if certain requirements are met.
C) a new promise to perform a voidable obligation that has not previously been avoided.
D) All of these.

Question

Quizplus · Accepted Answer

All of these transactions are enforceable without consideration. A) involves a moral obligation and a new promise to pay a debt that is no longer legally enforceable due to the statute of limitations. B) involves a promise to pay a debt discharged in bankruptcy, which can be enforceable if it meets certain legal requirements. C) involves a new promise to perform an obligation that was previously voidable but has not been avoided, which can also be enforceable without consideration.

There Are Certain Transactions That Are Enforceable Without Consideration