The Promise Not to File Suit Is Not Valid Consideration

question 29

True/False

The promise not to file suit is not valid consideration because the promisor has given up a legal right,the right to sue.

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Definitions:

Directed Thinking

Focused, goal-oriented thought processes that aim to solve specific problems.

Reason

The mental capacity to form conclusions, judgments, or inferences from facts or premises, often considered the foundation of rational thought.

Mental Representation

An internal image or representation of external reality, phenomena, or conceptual information, which forms the basis of cognition.

Proposition

A statement or assertion that expresses a judgment or opinion, in philosophy and logic, it's also seen as the meaning or content behind declarative sentences.