A promise by one party to pay another for refraining from an action that one has a legal right to undertake is enforceable.
Correct Answer:
Verified
Q2: A promise made in return for an
Q8: Legal sufficiency of consideration is the same
Q9: The fact that the word consideration is
Q10: A promise to do what one already
Q11: Legally sufficient consideration is something of value
Q12: The element of bargained-for exchange distinguishes contracts
Q16: In contract law, "consideration" refers to the
Q17: In general, a court will question the
Q19: Performance can constitute the consideration that creates
Q20: Risks ordinarily assumed in business constitute consideration
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