To Be Valid, Consideration Must ________

question 19

Multiple Choice

To be valid, consideration must ________

• A) be the product of a bargained-for exchange.
• B) be part of an equal exchange.
• C) involve performance in exchange for a promise.
• D) involve a mutual exchange of promises.
• E) be money or a good.

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Definitions:

John Locke

A 17th-century English philosopher known for his work on political philosophy and theory of knowledge.

Leviathan

Often refers to a large, powerful sea creature in biblical literature, or metaphorically to something very large and powerful.

State Of Nature

A concept in political philosophy regarding the hypothetical conditions of human beings before or without political association.

Social Contract

A theory or model that explains the legitimacy of the authority of the state over the individual.