It Is Clear That,under the Common Law,a One-Sided Promise Is

question 115

Multiple Choice

It is clear that,under the common law,a one-sided promise is not ___________.

• A) reasonable
• B) equitable
• C) binding
• D) voidable
• E) a gift

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Definitions:

Reasonable Value

The fair or market value of a service or item, taking into consideration its quality, utility, and the prevailing conditions.

Mentally Incompetent

A legal status indicating a person's inability to make decisions or handle affairs because of mental health issues or intellectual disabilities.

Void

Lacking legal force or effect, rendering a document or agreement invalid.

Subject-matter Jurisdiction

The jurisdiction of a court to adjudicate certain types of cases or those concerning specific topics.