Matching
Matching:
Premises:
A benefit to the promisor or detriment to the promisee bargained for and given in exchange for a promise.
A prior responsibility to act or not act on doing something.
A promise by one party with no exchange of value.
Tune period in which a lawsuit must be filed.
Promise that gives the false impression of a contract.
Services, money, property, or acts of forbearance constituting forms of consideration.
When a party sacrifices something in a transaction.
A prior existing promise made for some future act.
When a party gains something in a transaction.
A promise which reasonably induces action on the part of the promisee and such enforcement would be unjust.
Responses:
illusory promise
legal detriment
Value
preexisting duty
past consideration
legal benefit
g I f t
promissory estoppel
statute of limitations
consideration
Correct Answer:
Premises:
Responses:
A benefit to the promisor or detriment to the promisee bargained for and given in exchange for a promise.
A prior responsibility to act or not act on doing something.
A promise by one party with no exchange of value.
Tune period in which a lawsuit must be filed.
Promise that gives the false impression of a contract.
Services, money, property, or acts of forbearance constituting forms of consideration.
When a party sacrifices something in a transaction.
A prior existing promise made for some future act.
When a party gains something in a transaction.
A promise which reasonably induces action on the part of the promisee and such enforcement would be unjust.
Premises:
A benefit to the promisor or detriment to the promisee bargained for and given in exchange for a promise.
A prior responsibility to act or not act on doing something.
A promise by one party with no exchange of value.
Tune period in which a lawsuit must be filed.
Promise that gives the false impression of a contract.
Services, money, property, or acts of forbearance constituting forms of consideration.
When a party sacrifices something in a transaction.
A prior existing promise made for some future act.
When a party gains something in a transaction.
A promise which reasonably induces action on the part of the promisee and such enforcement would be unjust.
Responses:
Related Questions
Q11: For consideration to exist the value must
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
Q17: Promise of a gift is enforceable as
Q18: When a party has a preexisting duty,
Q19: A claim for a specific sum is
Q20: The time period in which a party
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