As a general rule, a promise must be supported by consideration. Which of the following is an exception to the rule and can be enforced without the support of consideration?
A) A non-charitable enterprise financed by the subscriptions of individuals
B) A promise to refrain from doing what one has no right to do
C) An act performed prior to the promise made by the promisor
D) An obligation of record such as a judgment
Correct Answer:
Verified
Q3: Blake has subscribed to a local charitable
Q5: When charitable enterprises are financed by voluntary
Q6: If the debt is evidenced by a
Q6: Which of the following is true of
Q7: Consideration can constitute financial or non-financial items.
Q8: When one refrains or promises to refrain
Q8: Which of the following is true of
Q11: Mark owes $2000 each to his business
Q11: Pledges made by people to charitable associations
Q19: If the supposed consideration consists merely of
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