As a General Rule, a Promise Must Be Supported by Consideration

question 20

Multiple Choice

As a general rule, a promise must be supported by consideration. Which of the following is an exception to the rule and can be enforced without the support of consideration?

• A) A non-charitable enterprise financed by the subscriptions of individuals
• B) A promise to refrain from doing what one has no right to do
• C) An act performed prior to the promise made by the promisor
• D) An obligation of record such as a judgment