There Are Certain Transactions That Are Enforceable Without Consideration

question 86

Multiple Choice

There are certain transactions that are enforceable without consideration.These include:

• A) promises to pay a debt barred by the statute of limitations.
• B) a promise to pay a debt that has been discharged in bankruptcy if certain requirements are met.
• C) a new promise to perform a voidable obligation that has not previously been avoided.
• D) All of these.

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Definitions:

Summary Abstracts

Concise summaries of documents or presentations that highlight the key points or findings.

Useful Information

Data or details that can be utilized effectively for a particular purpose or in decision making.

Multiple Allele System

Gene for which three or more alleles persist in a population at relatively high frequency.

Pleiotropic Gene

A single gene that influences multiple phenotypic traits or expressions in an organism.