For consideration to exist the value must be which of the following?
A) Legal
B) Illusory
C) Preexisting
D) Substantial
Correct Answer:
Verified
Q6: The doctrine of promissory estoppel focuses on
Q7: A compromise and settlement agreement can also
Q8: Consideration consists of
A)a benefit.
B)a detriment.
C)all of the
Q9: Once a statute of limitation passes, a
Q10: One of the keys to finding promissory
Q12: Consideration may be
A)services.
B)forbearance.
C)property.
D)all of the above.
Q13: For consideration to exist there must be
Q14: Consideration can only consist of money.
Q15: Services cannot be used for consideration.
Q16: A promise that gives a false impression
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