Which of the Following Is Not Valid Consideration

question 8

Multiple Choice

Which of the following is not valid consideration?

• A)The payment of money.
• B)The provision of goods.
• C)Undertaking an onerous obligation.
• D)A promise not to carry out a crime.

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Definitions:

Federal Agency Regulations

Rules set forth by federal government agencies to govern the conduct of the agencies themselves and individuals or entities regulated by the agencies.

Remedy

The means by which a right is enforced or the violation of a right is prevented, redressed, or compensated through legal procedures.

Uniform Commercial Code

A comprehensive set of laws governing all commercial transactions in the United States.

Commercial Transactions

Refers to the exchange of goods, services, or something of value between businesses or entities, often regulated by commercial law.