A promise to do what one already has a legal duty to do constitutes legally sufficient consideration.
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Q2: A promise made in return for an
Q5: Forbearance is the act of refraining from
Q6: If a promise is made, it will
Q7: A transaction that lacks a bargained-for exchange
Q9: The fact that the word consideration is
Q11: Legally sufficient consideration is something of value
Q12: The element of bargained-for exchange distinguishes contracts
Q13: A promise by one party to pay
Q19: Performance can constitute the consideration that creates
Q20: Risks ordinarily assumed in business constitute consideration
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