Indicate the Correct Statement About Consideration

question 174

Multiple Choice

Indicate the correct statement about consideration.

• A) In a bilateral contract, the exchange of promises does not provide consideration for both parties.
• B) The common law holds that consideration must be adequate to insure that contracts are fair bargains.
• C) Consideration is "the price for which the promise (or the act) of the other is bought."
• D) An altered course of action, e.g., forbearance, is not good consideration.
• E) In a unilateral contract, the performance of the promisee provides no consideration to the promisor.

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Definitions:

Respiratory Secretions

Fluids produced in the airways, including mucus and saliva, that can play a role in breathing and protecting against pathogens.

Hypoxia

A state where the body or a specific area of the body experiences insufficient oxygen supply at the tissue level.

Restlessness

A state of unease or inability to remain still or quiet, often reflecting emotional or physical discomfort.

Blood Pressure

The force exerted by circulating blood upon the walls of blood vessels, often measured to assess heart health.