Regarding Consideration, the Following Questions Can Help Determine Whether There

question 57

Multiple Choice

Regarding consideration, the following questions can help determine whether there is a contract rather than a gratuitous promise: 1. Is the consideration past consideration?
2) Is the proposed consideration legal?
3) Is there consideration flowing in both directions?
4) Does it have value in each direction?
5) If not, is there an exception?

• A) Numbers 1 to 5 are vital, no exceptions.
• B) Numbers 1 and 2 are optional, but a failure in 3 or 4 can be saved by 5.
• C) Numbers 1 to 4 are vital, 5 is optional.
• D) Numbers 1 and 2 are vital, but a failure in 3 or 4 can be saved by 5.
• E) Any one of numbers 1 to 5 determine there is a contract.

Identify strategies for making a strong impression in job interviews.

Recognize the importance and components of a career portfolio.

Acknowledge the role of honesty and integrity in job interviews and career management.

Understand the versatility of a college degree in career selection.

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Definitions:

Statistical Testing

A methodological process used in statistics to determine the significance of data relative to a hypothesis.

Treatment Groups

In clinical trials, groups of participants receiving the intervention or treatment being studied, as opposed to control groups.

Odds Ratio

A measure of association between an exposure and an outcome, indicating the odds of an outcome occurring in an exposed group compared to a non-exposed group.

Case-Control Study

A type of observational study that compares individuals with a specific condition (cases) to those without it (controls) to identify risk factors or outcomes.