An Illusory Contract Lacks Consideration Because One Side Actually Agrees

question 43

True/False

An illusory contract lacks consideration because one side actually agrees to suffer no "detriment."

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Definitions:

Nineteenth-Century

A period from January 1, 1801, to December 31, 1900, characterized by significant industrial, cultural, and political changes worldwide.

United States

The United States is a country in North America, known for its diverse population, significant global influence in political, economic, and cultural affairs, and as the world's largest economy.

Social Network

A structure made up of individuals or organizations that are connected by one or more specific types of interdependency, such as friendship, kinship, common interest, or economic exchange.

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