Courts Will Sometimes Enforce Contracts When a Small Amount of Consideration

question 17

Short Answer

Courts will sometimes enforce contracts when a small amount of consideration, such as $1, is given for a promise. This small sum of money is called ____________________.

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Definitions:

Oxytocin

Sometimes referred to as the "love hormone," it plays a significant role in facilitating social bonding, trust, and group cohesion.

Small-For-Date

A term describing infants whose birth weight is significantly lower than expected for the duration of the pregnancy.

Frontal Lobes

The frontal lobes are the part of the brain located at the front of each cerebral hemisphere, responsible for complex cognitive functions, decision making, and controlling voluntary muscle movements.

Serotonin

A neurotransmitter crucial for mood regulation and the feeling of well-being.