In Most States, Promises Made to Another Based on Moral

question 43

True/False

In most states, promises made to another based on moral obligation lack consideration and are not enforceable.

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Definitions:

Power Pivot Tab

A feature in Microsoft Excel that allows users to perform powerful data analysis and create sophisticated data models within their spreadsheets.

NPER Function

A financial function in spreadsheet software that calculates the number of periods for an investment based on constant, periodic payments and a constant interest rate.

Monthly Payment

A specified sum of money to be paid each month, often in the context of loans, subscriptions, or service contracts.

Car Loan

A type of financial loan that specifically funds the purchase of a vehicle, typically with interest over a set period.