Question: please solve 3. Explain whether the promise to perform a preexisting duty is valid consideration to support a present (in other words, new) contract, and

please solve

3. Explain whether the promise to perform a preexisting duty is valid consideration to support a present (in other words, new) contract, and explain whether past consideration can constitute sufficient consideration to support a present contract. Include examples in your explanation
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
