Which of the Following Statements Is True of Consideration

question 49

Multiple Choice

Which of the following statements is true of consideration?

• A) Consideration always has a monetary value regardless of a legal value.
• B) A promisee can be forced by the courts to keep his or her promise.
• C) Consideration enforces gratuitous promises.
• D) A promisee's consideration may be an act or a promise.

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Definitions:

Emotional Standstill

A state or condition where an individual experiences a lack of emotional growth, change, or progress.

Denial

Denial is a psychological defense mechanism wherein an individual refuses to accept reality or facts, thus avoiding dealing with uncomfortable emotions.

Anger

A potent sensation of irritation, dissatisfaction, or antagonism.

Logical Incrementalism

A strategic management process of making decisions step-by-step based on logical analysis and practical considerations.