Which of the Following Would Not Be a Promise Statutorily

question 53

Multiple Choice

Which of the following would not be a promise statutorily made enforceable without consideration?

• A) Hawkins, in good faith, changes the quantity of square yards of carpet ordered from Grant Mills.
• B) Jones promises to pay his cousin's past-due cell phone bill.
• C) Dodds signs and delivers a waiver of a claim arising out of a breach of contract by Keys.
• D) A signed, written offer by Marcum Jewelers to sell four dozen 18" gold chains to the Alpha Sorority for $480 within the next 30 days.

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Definitions:

Diet And Exercise

A combined approach of nutritional intake and physical activity designed to improve or maintain health and fitness.

Moral Hazard

A scenario where one party takes risks or does not have the motivation to mitigate risk because another party is responsible for the fallout.

Safer Helmets

Helmets designed with advanced safety features to provide better protection against injuries.

Moral Hazard

The risk that one party to a transaction has incentives to take undue risks because the costs incurred will not be fully borne by that party.