In a Contract, Consideration Is Essentially the _______________ by a Party

question 31

Multiple Choice

In a contract, consideration is essentially the _______________ by a party to the agreement.

• A) legal capacity
• B) signature
• C) authorization
• D) reliance

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Definitions:

African American/Black

Pertains to individuals in the United States with origins in any of the black racial groups of Africa.

White Middle-Class

A socioeconomic group characterized by moderate to high income, cultural norms, and educational levels, predominantly of white ethnicity in Western contexts.

Latina

A woman of Latin American origin or descent, often used in the United States to refer to women from Central and South America, as well as the Caribbean.

Estrogens

A group of sex hormones that are primarily responsible for the development and regulation of female characteristics and reproductive functions.