The Duties of a Judge Do Not Include Deciding Which

question 152

True/False

The duties of a judge do not include deciding which QUESTIONs are appropriate to ask.

Understand the applications and limitations of the doctrine of promissory estoppel.

Distinguish between enforceable and non-enforceable promises based on the presence of consideration.

Recognize the legal implications of agreements lacking consideration, such as accord and satisfaction.

Identify exceptions to the general rules of consideration, including past consideration and moral consideration.

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Definitions:

Economic Advantage

A benefit that gives an individual, business, or country a superior position in economic activities.

Motorcycle

A two-wheeled vehicle powered by an engine, designed for individual or dual riders.

Annuity Contract

A financial product offered by insurance companies that provides a series of payments at regular intervals for a specified period or for life.

Present Value

Today's value of a future monetary amount or a string of cash flows, considering a specified rate of return.