What element must be present to enable an innocent party to commence a lawsuit when a promise is broken?
A) The innocent party must agree to a "price" for the defendant's promise.
B) The work must be performed.
C) The consideration must be adequate.
D) The promise must be accepted.

Question

Quizplus · Accepted Answer

Consideration is a fundamental element in contract law, which refers to something of value exchanged between parties. It is necessary for a contract to be enforceable, allowing an innocent party to sue if a promise is broken.

What Element Must Be Present to Enable an Innocent Party