Consideration can be valid regardless of whether the parties intend an exchange.
Correct Answer:
Verified
Q12: The element of exchange is absent where
Q13: A few states provide by statute that
Q14: An exclusive dealing contract is one type
Q15: The Code has changed the common law
Q16: Contracts generally require adequacy of consideration where
Q18: In some states a promise under seal
Q19: If Walter agrees to sell to Caleb
Q20: The parties to a contract may modify
Q21: The term "past consideration" is not really
Q22: A conditional promise is a promise the
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