Question: Consideration can be a ( n ) _ _ _ _ _ in the case of a bilateral contract. Group of answer choices act promise

Consideration can be a(n)_____ in the case of a bilateral contract.
Group of answer choices
act
promise
exchange
gift

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:

Consideration can be a ( n ) _ _ _ _ _ _ _ _ _ _ in the case of a bilateral contract. Question 6 options: act promise exchange gift

Q:

Consideration can be a ( n ) in the case of a bilateral contract. act promise exchange gift

Q:

Chapter 6 from The Legal and Ethical Environment of Business was adapted by The Saylor Foundation under a Creative Commons Attribution-NonCommercial-ShareAlike 3.0 license without attribution as...

Q:

Question 82 pts A gratuitous promise is a promise made without consideration. Group of answer choices True False Flag question: Question 9 Question 92 pts Which of the following is not correct with...

Q:

Remedies Question 1 Henry enters into a contract giving Derrick the right of first refusal on a tract of land he owns. Henry subsequently offers the land to Justinwithout first offering it to...

Q:

Question 1 1 pts The type of relationship in hospitality which is known as the employer - employee relationship is also called _ _ _ _ _ _ _ _ _ . Group of answer choices The Master - Servant...

Q:

OFFER + ACCEPTANCE + CONSIDERATION = Group of answer choices a voidable contract a illegal contract legally enforceable contract Flag question: Question 2 Question 2 1pts The offeror is...

Q:

The Bank of Stockton was robbed of a significant sum of cash by Boris. Officials from the Bank of Stockton offered a reward of $ 1 0 , 0 0 0 for anyone who captured or provided information leading to...

Q:

1) A delegation in a contract situation involves the transfer of: Group of answer choices rights or benefits duties or obligations money legal options 2)Equitable remedies for a buyer include: Group...

Q:

A bilateral contract is: Group of answer choices A promise for an act A void contract A promise for a promise A contract between four parties

Q:

In your introduction assignment, you stated whether you felt that globalization was a positive or a negative movement. In a one- to a two-page typed paper please research globalization and argue the...

Q:

On June 20, 2007, John Authers, investment editor of the Financial Times, wrote the following in his column The Short View: The Bank of England published minutes showing that only the narrowest...

Q:

Question 1 ( 1 point ) Module IV Requirement 1 : What is the objective of performing the test of factory equipment expenditures? What is the population? What is the sampling unit?

Q:

More N AN 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 Discrete Compounding; i = 2% Uniform Series Single Payment Sinking Compound Compound Fund Present Amount Amount Present Factor Worth Factor Worth Factor...