Which of the Following Promises Is Enforceable Without Consideration According

question 11

Multiple Choice

Which of the following promises is enforceable without consideration according to the common law?

• A) Alleged breach of contract
• B) Bankruptcy
• C) International contracts
• D) Promissory estoppel
• E) Convention on contracts

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Definitions:

Statement Of Cash Flows

A financial report that provides aggregate data regarding all cash inflows and outflows a company receives from its ongoing operations, investment, and financial activities.

Direct Method

A way of reporting cash flows from operating activities in a cash flow statement that lists specific types of cash receipts and payments.

Cash Inflow

Money coming into a business or project from various sources including sales, investment income, or financing.

Cash Outflow

Money that flows out of a business or a financial account, typically representing expenses or investments.