Generally,the Absence of Consideration Does Not Affect the Obligation,i

question 65

True/False

Generally,the absence of consideration does not affect the obligation,i.e. ,the contract is still binding,even if there's no apparent consideration.

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Definitions:

Trust Versus Mistrust

The first psychosocial crisis in Erikson’s theory in which infants must develop a basic sense of trust of the world as a safe place where their basic needs will be met.

Overprotective

A behavioral trait where an individual exhibits excessive concern and control over another's life, often limiting their experience of risk and independence.

Toddlers

Young children typically aged between one and three years who are learning to walk and developing rapidly in other areas.

Erikson

Refers to Erik Erikson, a developmental psychologist known for his theory on the psychosocial development of humans, which outlines eight stages from infancy to adulthood.