Braxton Questions Whether There Is Consideration for His Contract with Tawny

question 33

Multiple Choice

Braxton questions whether there is consideration for his contract with Tawny to exchange his accounting services for her payment of a certain amount.To constitute consideration,there must be

• A)a payment of money.
• B)a performance of services.
• C)a bargained-for exchange.
• D)detrimental reliance.

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Definitions:

Estimated Life Span

The expected duration of time that an organism, object, or system is projected to remain functional or alive.

Inflation

A condition characterized by a continuing rise in prices.