Consideration Is an Element of Contract Law That Refers to _____

question 20

Multiple Choice

Consideration is an element of contract law that refers to _____.

• A) business etiquette
• B) exchange from one party in return for performing contractual obligations
• C) one party's agreement to a promise
• D) an entity's decision to enter into a contract

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Definitions:

Consumer Goods

Products and services that are purchased by individuals for personal use, ranging from household items to leisure and entertainment.

Advertising

The activity or profession of producing information for promoting the sale of commercial products or services.

Sacco-Vanzetti Case

A case held during the 1920s in which two Italian-American anarchists were found guilty and executed for a crime in which there was very little evidence linking them to the particular crime.