A Promisee's Promise Not to Commit a Crime Can Never

question 62

Multiple Choice

A promisee's promise not to commit a crime can never be consideration because:

• A)the promise is not bargained for and given in exchange.
• B)every member of society has a duty to obey the law.
• C)the promise is illusory.
• D)it lacks future intent.

---

Definitions:

Oligopolistic Firms

Companies operating in an oligopoly market structure, characterized by a limited number of firms controlling a large portion of the market share.

Price Conspiracy

An illegal agreement between parties to fix prices, limit production, or divide markets, therefore, undermining the competitive market system.

Herfindahl-Hirschman Index

A measure of market concentration that is used to determine the level of competition within an industry.

Dental Insurance

A form of health insurance designed to cover part of the costs associated with dental care.