Which of the Following Statements Is True of Consideration

question 1

Multiple Choice

Which of the following statements is true of consideration?

• A) Consideration always has a monetary value regardless of a legal value.
• B) A promisee can be enforced by the courts to keep his or her promise.
• C) Consideration enforces gratuitous promises.
• D) A promisee's consideration may be an act or a promise.

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Definitions:

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A leading database offering comprehensive access to scholarly business journals and publications.

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Publications that contain articles on recent research findings in specific academic fields.

Probability Samples

Sampling methods in which every member of a population has a known chance of being selected.

Chance Selection

A method of decision-making or selection that relies on random or unforeseeable factors without systemic bias.