Question: A promise to refrain from doing something is: Multiple Choice An invitation to negotiate Not valid consideration An illusory promise Valid consideration Promissory estopel

A promise to refrain from doing something is:
Multiple Choice
An invitation to negotiate
Not valid consideration
An illusory promise
Valid consideration
Promissory estopel
A promise to refrain from doing something is: Multiple Choice An

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Q:

A promise to refrain from doing something is: Multiple Choice Promissory estoppel An illusory promise Not valid consideration Valid consideration

Q:

A promise to refrain from doing something is: Question 4 6 options: Valid consideration An illusory promise Not valid consideration An invitation to negotiate Promissory estoppel

Q:

A promise to refrain from doing something is: An invitation to negotiate Promissory estoppel An illusory promise Not valid consideration Valid consideration

Q:

BUSINESS LAW please help me answer all of them (I will give you a great raving review) 1) THE SHERMAN ANTITRUST ACT PROHIBITS ALL MERGERS BY CORPORATIONS. TRUE FALSE 2) A STATE LAW CANNOT CONFLICT...

Q:

A promise to refrain from doing something is: Question 4 6 options: Valid consideration An illusory promise Not valid consideration An invitation to negotiate Promissory estoppel

Q:

Question 6 1 ( 1 point ) A promise to refrain from doing something is: An invitation to negotiate An illusory promise Not valid consideration Valid consideration Promissory estoppel

Q:

promise to do something that you are already obligated to do is Multiple Choice valid consideration because it is illusory consideration valid consideration, but only in the employment context valid...

Q:

Bob's promise to paint Mary's house if he has time is an illustration of: Multiple Choice an illusory promise. valid consideration. past consideration. promissory estoppel.

Q:

Jason's promise to fix Karl s car if he ever gets an electric car jack is an illustration of: Multiple Choice valid consideration. an illusory promise. past consideration. promissory estoppel.

Q:

1. Was VAAF contractually obligated to pay Chad for refraining from smoking? 2. Was there consideration to support its promise to pay $500? 3. Are there other facts you need to know to make that...

Q:

Margin Interest Suppose you take out a margin loan for $30,000. The rate you pay is an 8.4 percent effective rate. If you repay the loan in six months, how much interest will you pay? Margin Interest...

Q:

Karen Austin Inc. has issued three types of debt on January 1, 2014, the start of the companys fiscal year. (a) $10 million, 10-year, 15% unsecured bonds, interest payable quarterly. Bonds were...

Q:

Which of the following is not an attribute of an external auditor?Question 1 0 Select one:A . Integrity.B . Objectivity.C . Professional competence with regards to underlying subject matter.D ....

Q:

Bond X is noncallable and has 20 years to maturity, a 9% annual coupon, and a $1,000 par value. Your required return on Bond X is 12%; if you buy it, you plan to hold it for 5 years. You (and the...