When There Is No Consideration for a Promise, the Agreement

question 20

Multiple Choice

When there is no consideration for a promise, the agreement is:

• A) a quasi contract.
• B) equitable.
• C) not binding.
• D) unethical.

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Definitions:

Low-SES

refers to low socioeconomic status, indicating individuals or groups with limited access to financial, educational, and societal resources.

Language Learning

The process through which a person acquires the ability to perceive, produce, and use words and sentences to communicate.

Early Exposure

The concept of introducing a child or individual to certain stimuli or environments at a young age to influence outcomes later in life.

Public Subsidy

Financial support provided by the government to individuals, organizations, or industries to encourage activities deemed beneficial for the public.