Quentin Questions Whether There Is Consideration for His Contract with Rainey

question 60

Multiple Choice

Quentin questions whether there is consideration for his contract with Rainey to exchange his performance with the Saxophone Symphony for her payment of a certain amount. To constitute consideration,there must be

• A)a payment.
• B)a performance.
• C)a bargained-for exchange.
• D)serious thought underlying each party's intent to contract.

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Definitions:

Effort

The amount of physical or mental energy expended to achieve a goal or perform a task.

Expectancy-value Theory

A psychological theory that explains motivation and behavior as a function of an individual's expectations for success and the value they place on achieving the goal.

Achievable

A term used to describe a goal or task that is possible to accomplish or attain with effort, skill, or resources.

Self-awareness

The recognition of one's own emotions, thoughts, and values, and understanding how they influence behavior.