Indicate the Correct Statement About Consideration

question 174

Multiple Choice

Indicate the correct statement about consideration.

• A) In a bilateral contract, the exchange of promises does not provide consideration for both parties.
• B) The common law holds that consideration must be adequate to insure that contracts are fair bargains.
• C) Consideration is "the price for which the promise (or the act) of the other is bought."
• D) An altered course of action, e.g., forbearance, is not good consideration.
• E) In a unilateral contract, the performance of the promisee provides no consideration to the promisor.

---

Definitions:

Flat Patterning

A method used in garment making and fashion design that involves creating clothing patterns on a flat surface without the use of a model or dress form.

Male And Female Figures

Artistic representations of human male and female forms, often used in sculpture and painting to explore themes of gender, identity, and relationships.

Bronze Gates of Hell

A monumental sculptural group created by Auguste Rodin, depicting a scene from Dante's Inferno, part of The Divine Comedy.

Writings

Texts or works produced through the act of writing, encompassing fiction, non-fiction, poetry, and other forms of literacy expression.