Which of the Following Constitute(s)consideration

question 62

Multiple Choice

Which of the following constitute(s) consideration?

• A)A benefit to the promisor,but not a detriment to the promisee.
• B)A detriment to the promisee,but not a benefit to the promisor.
• C)A promise to do something,a benefit to the promisor,or a detriment to the promisee.
• D)An invitation to negotiate.
• E)A valid counteroffer.

---

Definitions:

Corporation

A legal entity that is separate and distinct from its owners, with rights to own property, incur debt, sue and be sued.

Ownership Right

A legal right that confers the possession of assets and the benefits that come from owning them.

Stockholder

An individual or entity that holds one or more shares of stock in a public or private corporation, thus owning a portion of the company.

Dividends

Payments made by a corporation to its shareholder members from the company's earnings.