Valid Consideration Can Include Any Promise to Do Something One

question 44

Multiple Choice

Valid consideration can include any promise to do something one has no obligation to do, refrain from doing something one has the right to do, or in the case of a unilateral contract, a performance when there is no obligation to do so. This is called as a(n) _____.

• A) accord
• B) legal detriment
• C) release
• D) negotiation
• E) promissory estoppel

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Definitions:

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Multi-Ethnic Turmoil

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