Which of the following is a correct statement regarding past consideration?
A) It is not consideration that will support a binding contract.
B) It is consideration that will support a binding contract.
C) It is consideration that can support a binding contract,but only in a transaction that relates to the employment setting.
D) It is consideration that can support a binding contract,but only in a transaction that concerns the provision of services.
E) It is consideration that can support a binding contract,but only in a commercial context.
Correct Answer:
Verified
Q31: In a unilateral contract,the consideration for a
Q32: Which of the following is true regarding
Q33: Forbearance is defined as:
A)An invitation to negotiate.
B)An
Q34: _ must pledge consideration for an agreement
Q35: Which of the following constitute(s)consideration?
A)A benefit to
Q37: In a bilateral contract,the consideration for each
Q38: Suppose that Dakiyah promises to pay Fernando
Q39: Sam offers Betty his bicycle for $75.Which
Q40: In the Smith v.Riley case referenced in
Q41: Garage sale.Richard,who is cleaning out his garage,offers
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents