The Payment Exchanged for the Promise(s) Stated in a Contract

question 7

Multiple Choice

The payment exchanged for the promise(s) stated in a contract is called the

• A) consideration
• B) offer
• C) acceptance
• D) compensation

---

Definitions:

Manic-Depressive Illness

A mood disorder characterized by periods of elevated mood or mania alternating with periods of depression; also known as bipolar disorder.

APA

American Psychological Association, an organization representing psychologists in the United States, also known for its publication manual which provides guidelines for writing and citing sources in psychology and related fields.

OCD

Obsessive-Compulsive Disorder, a mental health disorder characterized by unwanted repetitive thoughts (obsessions) and behaviors (compulsions).

Hallucinations

Experience of sensing things while awake that appear to be real but instead have been created by the mind.