An Unenforceable Promise Will Constitute Consideration as Long as the Parties

question 11

True/False

An unenforceable promise will constitute consideration as long as the parties to the contract appear to be in agreement.

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Definitions:

Satisfaction

The feeling of fulfillment or pleasure derived from achieving a goal, satisfying a desire, or meeting a need.

Service Sector

The segment of the economy that provides intangible goods or services to consumers, including healthcare, education, financial services, and retail.

Labor Force

A rephrased definition: This consists of all working-age individuals who are currently employed or actively seeking employment.

Participation

The act of taking part or being actively involved in an activity or event.