In a Bilateral Contract,the Consideration for Each Promise Is ________

question 43

Multiple Choice

In a bilateral contract,the consideration for each promise is ________.

• A)an invitation to negotiate
• B)forbearance
• C)actually doing the act called for in the contract
• D)a return promise
• E)refraining from doing something the contracting party is otherwise legally entitled to do

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Definitions:

Be Honest

A principle that encourages truthfulness, transparency, and sincerity in one's actions and communications.

Politically Sensitive Situations

Scenarios that are delicate due to political context, potentially impacting public opinion, diplomatic relations, or governmental actions.

Outcome-Based Ethics

An ethical theory that focuses on the outcomes or results of actions to determine their morality.

Peanut Allergies

An immune system reaction that occurs soon after exposure to peanuts, causing a range of symptoms from mild irritation to severe anaphylaxis.