Question: 4. [10 5. List some situations in which consideration is absent. 6. What is an illusory promise? 7. Define the preexisting duty rule. 8. What

4. [10 5. List some situations in which consideration is absent.

4. [10 5. List some situations in which consideration is absent. 6. What is an illusory promise? 7. Define the preexisting duty rule. 8. What are the exceptions to enforcement of a contract that lacks consideration? 9. Under what doctrine have courts enforced charitable pledges? Why? 10. Distinguish between a liquidated and an unliquidated claim

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