In Which of the Following Contracts Is Consideration Not Required

question 16

Multiple Choice

In which of the following contracts is consideration not required?

• A)Emerald promises to pay Gold $10 000 next week if he will transfer his car to her today.
• B)Emerald enters into a deed which states that Gold will transfer ownership of his car to Emerald.
• C)Emerald gives Gold $1.00 for his car,and Gold immediately transfers it to her.
• D)Emerald promises Gold that she and her professional band will sing at his birthday in three months if he transfers his car to her next week.

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Definitions:

Employment Volatility

The fluctuation in employment stability within a labor market, often influenced by economic conditions, industry trends, and company performance.

Probing Teams

Specialized groups formed within an organization to investigate specific issues, challenges, or opportunities, and propose solutions.

Operational Characteristic

Pertains to the specific features or properties that define the functioning and performance of a system, process, or team.

Communications

The exchange of information and ideas through various channels and methods among individuals or groups.