Which of the Following Is Enforceable Without Consideration

question 75

Multiple Choice

Which of the following is enforceable without consideration?

• A)A new promise to pay a debt barred by the statute of limitations.
• B)An illusory promise.
• C)A promise to supply all of the materials a manufacturer will need for the production of a certain item for a specified period of time.
• D)In the majority of states, a promise by a father to pay someone who rendered emergency services to his injured son before the father had arrived at the accident scene.

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Definitions:

Potential Liability

The possibility of incurring legal obligations or debts in the future as a result of current actions, decisions, or circumstances.

Degree of Control

The extent of influence or authority an entity has over its operations, processes, or decisions.

Quality

Pertains to the degree of excellence or superiority that an object or entity possesses, often measured against standards or requirements in a given context.

Case Law

Law established by previous court decisions and based on precedent rather than statutory laws.