Which of the Following Is Not Correct with Regard to Consideration

question 50

Multiple Choice

Which of the following is not correct with regard to consideration?

• A) In a unilateral contract, a promise is exchanged for an act or forbearance to act.
• B) In a bilateral contract, there is an exchange of promises.
• C) Legal sufficiency is always related to adequacy of consideration.
• D) Consideration can be a legal detriment.

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Definitions:

Stages of Development

Distinct phases in the growth process of beings or systems, marked by specific attributes or achievements.

Organizational Hierarchy

The arrangement of individuals within an organization according to power, status, and job function, often visualized as a pyramid structure.

Self-managed Teams

Groups of employees who are responsible for managing their work and the processes leading to the completion of their goals without direct supervision.

Managerial Layers

Describes the levels of management hierarchy within an organization, from frontline managers to top executives.