Which of the Following Is Not Consideration for a Present

question 37

Multiple Choice

Which of the following is not consideration for a present promise?

• A) a return promise
• B) forbearance
• C) the promise to pay one's child support obligation, consistent with a pre-existing court order.
• D) the performance of a requested act

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Definitions:

Objective Analysis

A method of evaluation or research that is based on fact and is not influenced by personal feelings or opinions.

MD&A

Management Discussion and Analysis, a section of a company's financial report where management discusses the financial and operational factors influencing results.

Comprehensive Annual Financial Reports

Detailed financial reports prepared by governments that include a wide range of financial information including the results of financial operations, condition of funds, and compliance information.

Statistical Section

A part of comprehensive annual financial reports that includes tables and charts showing financial trends, fiscal capacity, and demographic information over multiple years.