True/False
A bargained-for exchange is one of the elements of consideration.
Correct Answer:
Verified
Related Questions
Q2: Rescission is the substitution of one party
Q6: If a promise is made, it will
Q9: An obligation is enforceable only if it
Q10: A covenant not to sue always bars
Q12: A promise to do something that one
Q13: Inadequate consideration may reflect a lack of
Q16: Any promise made with respect to a
Q17: Promissory estoppel requires reliance of a substantial
Q19: A promise to pay a debt for
Q20: Risks ordinarily assumed in business constitute consideration
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents