Under Contract Law, Consideration Means Something of Value

question 64

True/False

Under contract law, consideration means something of value.

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Definitions:

Functional Impairments

Limitations in performing daily activities due to physical, mental, or emotional disorders.

Significant Social Problems

Major issues within society that affect the well-being of its members, such as poverty, inequality, or crime.

Adult Attention Deficit Hyperactivity Disorder (ADHD)

A mental health disorder characterized by problems such as difficulty maintaining attention, hyperactivity, and impulsive behavior in adults.

Generalized Anxiety Disorder (GAD)

A chronic condition characterized by excessive, long-lasting anxiety and worry about nonspecific life events, objects, and situations.