Risks Ordinarily Assumed in Business Do Not Constitute Consideration for the Modification

question 21

True/False

Risks ordinarily assumed in business do not constitute consideration for the modification of a contract.

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Definitions:

Religious Studies

The academic field devoted to the study of religious beliefs, behaviors, and institutions, examining various aspects through interdisciplinary lenses such as history, sociology, and anthropology.

Self-Transcendence

The capacity or process of going beyond one's own individual self-interests, limits, or experiences to connect with something greater or to find deeper meaning in life.

Continual Process

A process that is ongoing and persistent, focusing on continuous improvement and development over time.

Reed

Plant species characterized by long, thin stalks found in wet areas, or a versatile material derived from such plants.