Examlex
Which of the following is NOT a natural means of DNA recombination?
Past Consideration
A concept in contract law that refers to an act or benefit given prior to the promise being made, which therefore does not constitute valid consideration for a contract.
Stock Options
Financial derivatives that give the holder the right, but not the obligation, to buy or sell a stock at a predetermined price within a specific period.
Promissory Estoppel
A legal principle that prevents a party from backing out of a promise which led the other party to take action or abstain from it, based on the promise.
Illusory Promise
A statement that appears to be a promise but does not actually bind the party making it to any action or performance, rendering it unenforceable as a contract.
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