Question: need help with these Consideration is established by a. a legal detriment b. showing something was bargained for c. both a & b d. none

need help with these

$b. showing something was bargained for c. both a \& b d.$

Consideration is established by a. a legal detriment b. showing something was bargained for c. both a \& b d. none of the above QUESTION 30 Which of the following situations constitutes consideration? a. covenant not to sue b. accord and satisfaction c. unliquidted debt d. all of the above The UCC requires consideration for a contract to be valid. True False QUESTION 32 A reaffirmation is when a. a debtor reaffirms a debt following bankruptcy. b. an offeree accepts an offer twice to prove they really mean it. c. a debtor'agrees to settle a unliquidated date for less than the full value. d. all of the above

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!

CbSSports.com developed the Total Player Ratings system to rate players in the National basketball Association (NbA) based upon various offensive and defensive statistics. The following data show the...

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...

Question: Summaries case (1 page) included 1. Case citation: 2. Facts: Provide enough information to understand the case. This section should not exceed 30 percent of your report. 3. Issue(s): a....

QUESTION 26 In which case did the Offeree's acceptance fail with respect to when and how it was made? In the case, the Offeree accepted on 8/14/03 after the stated expiration date of the offer on...

business law questions 1. A contract a. can never be implied from the actions of the parties b. must contain consideration c.cannot be terminated d. none of these 2. A contract should include a. the...

19. Which of the following individuals may be found to lack the requisite contractual capacity to enter into a contract? UB Intoxicated persons Mentally incompetent persons Minors All of the above F....

End of Chapter 1 Answers 1) Self-acceptance is getting to move on despite what people thinks about us, it is more of self- esteem, white self-esteem is how important we see our self. It is good to...

1. A contract a. can never be implied from the actions of the parties b. must contain consideration c.cannot be terminated d. none of these 2. A contract should include a. the names of the parties b....

ARIS HW2 QUESTION 1 1. Before opening her new sports merchandise store, Kay places an ad in the newspaper showing cross-training shoes at certain prices. Within hours of opening for business, the...

Please following 5 cases do summary per each and organize your answer as a lawyer using IRAC (Issue; Rule; Application and Conclusion)? Wood v. Lucy, Lady Duff-Gordon 118 N.E. 214 (1917) Cardozo, J....

Forever Insurance Company has offered to pay you or your heir $100 per year at the end of each year forever. If the correct discount rate for such a cash flow is 13%, what is the amount that you...

A concrete and rock crusher for demolition work has been purchased for $60,000, and it has an estimated SV of $10,000 at the end of its five-year life. Engineers have estimated that the following...

LU - 3 : Declining Balance method of depreciation 5 . Prepare a depreciation schedule from the following: Cost of Work Truck: $ 3 5 , 0 0 0 Residual Value: $$ , 0 0 0 Estimated life: 5 years Rate: 4...

Note: This problem is for the 2018 tax year. Daniel B. Butler and Freida C. Butler, husband and wife, file a joint return. The Butlers live at 625 Oak Street in Corbin, KY 40701. Dan's Social...