Examlex
Which of the following statements pertaining to alcohol-related incidents in college towns is true?
Consideration
A concept in contract law that involves something of value promised to another when forming a contract.
Promise
A promise is a declaration or assurance that one will do a particular thing or that guarantees the happening or not happening of a specific event in the future.
Voidable Contract
A contract that may be voided or canceled by one of the parties.
Statute of Frauds
A legal doctrine that requires certain types of contracts to be in writing and signed by the party to be charged, to be enforceable.
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