What are some examples of contracts that lack consideration?
Question:
What are some examples of contracts that lack consideration?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 57% (7 reviews)
A contract is an agreement between two or more people that creates an obligation to do or not do cer...View the full answer
Answered By
Rohit singh
I have been tutoring for over 2 years now and have experience with a wide range of subjects and students. I have a Bachelor's Degree in Renewable Energy and Environmental Physics. I am also a certified teacher and have experience working in the classroom. I am patient and adaptable, and I truly enjoy working with students one-on-one to help them succeed.
0.00
0 Reviews
10+ Question Solved
Related Book For
Business Law Today Comprehensive Text And Cases Diverse Ethical Online And Global Environment
ISBN: 9781285428932
10th Edition
Authors: Roger LeRoy Miller
Question Posted:
Students also viewed these Social Science questions
-
What are some examples of a corporation complying with Dodd-Frank in form but not in substance. I'm not entirely clear on the concept and would appreciate some examples along with an explanation.
-
What is Web services architecture? What are some examples of its potential use for business systems?
-
What is a nominalization? What are some examples of nominalizations?
-
Jinny Buffett recently retired as a flight attendant and is interested in opening a fitness center and health spa exclusively for women in Grand Cayman, where she resides. After careful study, she is...
-
What is the main problem with skewness? How can it be solved in many cases?
-
Kirk currently has $ 4 5 0 0 to invest and needs to buy a ring for $ 1 5 , 8 3 0 in 9 years. What annual rate of return does kirk need?
-
What is case-based reasoning? From which attributes of human intelligence do you think it is derived? Describe the last time you used case-based reasoning in your normal life.
-
Vendmart Food Services Company operates and services snack vending machines located in restaurants, gas stations, and factories in four southwestern states. The machines are rented from the...
-
Rafner Manufacturing has the following budgeted data for its two production departments. Budgeted Data Overhead cost $ 1,510,400 Direct labor hours Machine hours Assembly 12,800 direct labor hours...
-
Richard chooses technique 0 and 2 requiring 10+10-20 efforts and provising 10+11=21 benefits. Hence, 21 is returned as the output Example 2: input1: 3 input2: (10,10,10,10) input3: (10,11,12,15)...
-
In what circumstances might a promise be enforced despite a lack of consideration?
-
What is the Uniform Electronic Transactions Act? What are some of the major provisions of this act?
-
By the time you are reading this, the 2014 NFL season will have finished, and the results should be available at http://www.pro-football-reference.com/years/ 2014/games.htm. Do whatever it takes to...
-
What does it mean when a bond exhibits negative convexity?
-
a. What does the duration of a bond measure? b. What does a bonds convexity measure? c. Is convexity a superior measure to duration?
-
What is meant by a shifting interest mechanism?
-
Explain how scenario analysis works?
-
Duration is only an accurate measure for very small changes in yield and assumes the yield shifts in parallel. Critically evaluate this statement.
-
Explain why RNAi would be a less efficient mechanism for regulating the expression of specific genes if Dicer hydrolyzed double-stranded RNA every 11 bp rather than every 22 bp.
-
How does Kant answer Humes bundle theory of self? Do you think he is successful?
-
Grano owns a forty-room motel on Highway 100. Tanner is interested in purchasing the motel. During the course of negotiations, Grano tells Tanner that the motel netted $30,000 during the previous...
-
Grano owns a forty-room motel on Highway 100. Tanner is interested in purchasing the motel. During the course of negotiations, Grano tells Tanner that the motel netted $30,000 during the previous...
-
Discuss whether either of the following contracts will be unenforceable on the ground that voluntary consent is lacking: (a) Simmons finds a stone in his pasture that he believes to be quartz....
-
8. A loan is being repaid with a series of payments at the end of each quarter for five years. If the amount of principal in the third payment is $100, find the amount of principal in the last five...
-
If you issue 1000$ of debt and pay it out as dividends, how does it impact your EV?
-
What are APR *and* APY rates of investment X that earns 0.2% per week, compounded weekly? You can invest (that is, 'lend') for one year either at the rate X described above, or, alternatively, at the...
Study smarter with the SolutionInn App