Question: Question 32 pts A contract to settle a liquidated debt for part payment of the debt before its due date has no consideration. Group of

Question 32 pts

A contract to settle a liquidated debt for part payment of the debt before its due date has no consideration.

Group of answer choices

True

False

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Question 42 pts

Today, courts never check for adequacy of consideration.

Group of answer choices

True

False

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Question 52 pts

Today, a cancellation clause always makes the contract illusory.

Group of answer choices

True

False

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Question 62 pts

Performance of a preexisting duty is not consideration.

Group of answer choices

True

False

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