A Valid Contract May Exist Even If the Consideration Is

question 14

True/False

A valid contract may exist even if the consideration is a promise to perform an illegal act, or to avoid performing an act that is legally required to be performed.

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Definitions:

Head-Of-Government

The chief officer of the executive branch of a government, often a prime minister or a president, responsible for leading the country's administration and implementing laws.

Organizational Hierarchy

A structured arrangement of roles and responsibilities within an organization, creating a ranked system of authority.

Internal Structure

refers to the arrangement of elements or components within an entity, organization, or system, determining how it functions or operates.

Policy

A course or principle of action adopted or proposed by an organization or individual.