Which of the following is not an example of a contract?
A) a written promise to give your husband a ring for christmas
B) a verbal agreement to work for someone starting next week
C) a verbal agreement for the sale of a car where neither the money nor the car has yet changed hands
D) an agreement not to sue someone for negligence in exchange for their promise to pay you a specified amount
E) an implied promise to pay for a meal when you order it

Question

Quizplus · Accepted Answer

A written promise to give a gift, such as a ring for Christmas, is not a contract because it lacks consideration, which is a necessary element for a contract. There is no exchange of value or mutual obligation.

Which of the Following Is Not an Example of a Contract