Which of the Following Is Not Valid Consideration

question 63

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 vague promise

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Definitions:

Linear Model

A mathematical model that assumes a linear relationship between the independent and dependent variables.

Sales

The exchange of goods or services for money, constituting a primary activity for commercial businesses.

Scatter Diagram

A type of graph used in statistics to display values for two variables for a set of data, showing the relationship between the variables.

Linear Model

A statistical model assuming a linear relationship between the input variables (predictors) and a single output variable.