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Under the Common Law, a Modification of a Preexisting Contract

question 61

True/False

Under the common law, a modification of a preexisting contract must be supported by mutual consideration; under the Code, a contract can be modified without new consideration.

Understand the characteristics of a definition by negation.
Recognize the role of context in the definition of terms and concepts.
Apply knowledge of definitions to analyze real-world examples.
Understand Lewin's force field analysis model, including the concepts of unfreezing, movement, and refreezing.

Definitions:

Inherited Characteristics

Traits or qualities that are passed down from parents to their offspring through genes.

Self-awareness

The awareness of one's personal attributes, emotions, intentions, and wishes.

Socialable

is likely a misspelling of "Sociable," which describes individuals who are friendly, outgoing, and enjoy interacting with others.

Extraverts

Individuals who are outgoing, socially confident, and gain energy from being around others.

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