Click wrap and browse wrap agreements are enforceable only if the buyer has read the terms of the

agreement.

Select one:

True

False

The statement "I promise to give the employees a bonus if I feel like it$"$ is an example of

Select one:

a$.$ Consideration.

b$.$ Past Consideration.

c$.$ Preexisting Duty.

d$.$ An Illusory promise.

Preliminary agreement constitutes a binding contract if the parties have agreed on most terms.

Select one:

True

False

A contract may be enforced beyond the statute of limitations if the debtor

a$.$ Verbally acknowledges the debt.

b$.$ Pays a portion of the debt.

c$.$ Either A or B$.$

d$.$ The contract can never be enforced beyond the statute of limitations$.$

Which of the following is not an element of Promissory Estoppel?

Select one:

a$.$ Reasonable Reliance on the promise.

b$.$ A definite promise.

c$.$ A substantial detriment or injury.

d$.$ A reasonable excuse for failing to perform the promise.