Which of the following would immediately let you know that a promise is gratuitous?
A) the lack of sufficient consideration
B) the absence of consideration
C) the lack of adequate consideration
D) the absence of formalization

Question

Quizplus · Accepted Answer

A gratuitous promise is one made without any consideration or benefit to the promisor. Choice B confirms the absence of consideration, which is the hallmark of a gratuitous promise. Choices A and C both suggest the presence of some consideration, albeit insufficient or inadequate, respectively. Choice D refers to the formalization or documentation of a promise, which is not indicative of whether it is gratuitous or not.

Which of the Following Would Immediately Let You Know That