Which of the Following Statements Is Not True of Consideration

question 70

Multiple Choice

Which of the following statements is not true of consideration for performance of a contract?

• A)Consideration can be an agreement to refrain from doing something.
• B)Consideration can be the undertaking of an onerous obligation.
• C)Consideration must move from the promisee but not necessarily to the promisor.
• D)Consideration must represent a fair or adequate price for the subject matter of the contract.

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Definitions:

Coach And Motivator

An individual who guides, inspires, and encourages others to achieve their full potential and goals.

General Learning Model

A comprehensive framework that explains how individuals process information and experiences to acquire knowledge, skills, and attitudes.

Strategy Developer

A role or function involving the formulation, implementation, and evaluation of actions and plans to achieve long-term objectives.

Internal Environment

The conditions, entities, events, and factors within an organization that influence its activities and choices, including its culture, employees, and management.