The Preexisting Duty Rule Permits a Party Who Is Bound

question 74

True/False

The preexisting duty rule permits a party who is bound by contract to per?form a certain duty to use that duty as consideration for a second contract.

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Definitions:

Deception

The act of misleading or deceiving others as a means to achieve one's personal goals or desires, often involving manipulation.

Real Agendas

The true intentions or goals behind individuals' actions or decisions, often hidden or not openly communicated.

Unconsciously

The state or condition of being unaware or not consciously considering something.

Closed Communications

A communication style where interactions are restricted, information flow is limited, and feedback is discouraged, leading to a lack of transparency.