Which of the Following Statements Is Not True of Consideration

question 70

Multiple Choice

Which of the following statements is not true of consideration for performance of a contract?

• A)Consideration can be an agreement to refrain from doing something.
• B)Consideration can be the undertaking of an onerous obligation.
• C)Consideration must move from the promisee but not necessarily to the promisor.
• D)Consideration must represent a fair or adequate price for the subject matter of the contract.

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Definitions:

Units

A measure of quantity or amount in terms of a standardized value, often used to quantify the output or production of goods.

Produced

Refers to items or goods that have been created or manufactured.

Direct Materials

Raw materials that can be directly attributed to the production of a product, and are an integral part of the finished product.

Material A

This appears to be a placeholder term and may refer to a specific type of raw material or a key component used in manufacturing or production processes.