A promise to do something that one is already required to do either by law or by contract represents no additional sacrifice and is:
A) a general release.
B) an illegal act.
C) not valid consideration.
D) fraudulent.
Correct Answer:
Verified
Q23: The obligation to perform acts already required
Q24: The three essential characteristics of valid consideration
Q25: The UCC provides that "any claim or
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Q30: A promise to pay an existing debt
Q31: The Uniform Commercial Code dispenses with the
Q32: Charitable organizations frequently raise money by asking
Q33: The most common form of valid consideration
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