An Agreement Modifying a Sales or Lease Contract Needs No

question 51

True/False

An agreement modifying a sales or lease contract needs no consideration to be binding.

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Definitions:

Good Things

Positive aspects or occurrences in life that can enhance well-being and happiness.

Positive Psychology

A branch of psychology that focuses on the study and promotion of positive aspects of human life, such as happiness, well-being, and flourishing.

A Good Life

A concept often associated with fulfillment, happiness, prosperity, and well-being.

Lasting Material Goods

Products or items that are durable and designed to stand the test of time, not requiring frequent replacement.