Consideration Can Be Defined As The Value For Given In Return For A Promise Such As: A. Money B. Services C. Forbearance From A Legally Permissible Act D. Goods E. All Of The Above F. A, B & D Only Connie Construction Agrees To Build Your Building For $100,000. Halfway Through Construction Connie Asks You For Another $100,000. Desperate To Get Your

10. Consideration can be defined as the a. Money b. Services Forbearance from a legally permissible act d. Goods e All of the above fab&d only turn for a promise such as 11. Connie Construction agrees to build your building for $100,000. Halfway through construction Connie asks you for another $100,000. Desperate to get your building open and no time or money to get another contractor you agree to pay the $100,000. Is the contract for the 2 $100.00 valid? a. No, the 2 agreement was based on a preexisting duty from the 1" contract. b. No, the agreement lacked consideration. C. Yes, because Connie defended the 100,000 extra payment due to unforeseen circumstance in the construction project. d. a & b only e. A,B, And C are correct 12. Verizon cannot tell you have to pay a debt from 10 years ago because it is barred by the statute of limitations. A. True or B. False 13. However, you can consent to pay the 10 year old claim even if it is beyond the statute of limitations. A. True or B. false 14. You call in to the Jerry Lewis telethon and pledge a charitable contribution of $1000.00. You fal to pay your pledge. Can you be forced by a court to pay the $1000.00? a. Yes or b. No 15. You are a child actor and were emancipated at 16. Can you lease a car? A. Yes or B. no. 16. You hate your daughter fianc and you offer to pay him 50,000 not to marry your daughter the contract valid? A. Yes or B no 17. A bilateral mistake by both parties means that the contract can be rescinded by either pa A.True or B.False 18. The statute of frauds requires certain types of contracts to be in writing. A, true b. false