Which of the following statements is true of consideration?
A) Consideration always has a monetary value regardless of a legal value.
B) A promisee can be enforced by the courts to keep his or her promise.
C) Consideration enforces gratuitous promises.
D) A promisee's consideration may be an act or a promise.

Question

Quizplus · Accepted Answer

A promisee's consideration may be an act (in the case of some unilateral contracts) or a promise (in the case of some unilateral contracts and all bilateral contracts).

Which of the Following Statements Is True of Consideration