Which of the following would a court NOT regard as consideration of the part of a party to a contract?
A) a promise to pay for what the other party has already done
B) a promise to pay money to the other party in the future
C) money paid to the other party
D) giving up what the party honestly believes is a right to sue
E) A promise to pay money to a third party who is not a party to the contract
Correct Answer:
Verified
Q13: When a contract is sealed,
A) a party
Q14: Even when offer and acceptance and consideration
Q15: The contractual requirement of consideration provides that
A)
Q16: The concept of estoppel is
A) where the
Q17: The principle of injurious reliance is
A) the
Q19: Jack is trying to start his car
Q20: Where there is an implied promise to
Q21: Banks ensure that contracts are binding by
Q22: Promissory estoppel cannot be used as a
Q23: The amount that a person merits to
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