Assignment 7 Chapter 12 What is consideration Please provide an example And what is meant by legal sufficiency of consideration What is an illusory promise Please provide an example What is an output contract Please provide an example What is a requirement contract Please provide an example What is an exclusive dealing contract Please provide an example What is a conditional contract Please provide an example What consideration is required for modification of a preexisting contract Explain What does bargained for exchange mean What kind of contracts are enforceable without consideration Please provide an example Textbook if needed Business Law and the Regulation of Business, Thirteenth Edition, by Richard A Mann and Barry S Roberts expect thorough, thoughtful answers to each question Grades will be awarded based on completion, accuracy, and thoughtfulness of answers D0 N0T copy and paste definitions from the textbo0k You will utilize TURN1TIN in submitting your assignments and it will flag them if you copy from the text or from any other resource

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Question: Assignment 7 - Chapter 12 What is consideration? Please provide an example. And what is meant by legal sufficiency of consideration? What is an illusory

Assignment 7 - Chapter 12

What is consideration? Please provide an example. And what is meant by "legal sufficiency of consideration?"
What is an illusory promise? Please provide an example.
What is an output contract? Please provide an example.
What is a requirement contract? Please provide an example.
What is an exclusive dealing contract? Please provide an example.
What is a conditional contract? Please provide an example.
What consideration is required for modification of a preexisting contract? Explain.
What does "bargained for exchange" mean?
What kind of contracts are enforceable without consideration? Please provide an example.

Textbook if needed: Business Law and the Regulation of Business, Thirteenth Edition, by Richard A. Mann and Barry S. Roberts.

expect thorough, thoughtful answers to each question. Grades will be awarded based on completion, accuracy, and thoughtfulness of answers.

D0 N0T copy and paste definitions from the textbo0k. You will utilize TURN1TIN in submitting your assignments and it will flag them if you copy from the text or from any other resource.

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