Question: QUESTION 45 In a bilateral contract, the consideration is A. a promise in exchange for an act B. an act in exchange for an act

QUESTION 45 In a bilateral contract, the consideration is A. a promise in exchange for an act B. an act in exchange for an act C. a promise in exchange for a promise D. none 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!

Do you agree with Ron Parkers statement To be successful, you must also be willing to run at problems/opportunities when everyone else is running away from them?

true or false 6. 1. There is an absolute right to appeal to the United States Supreme Court in all cases. 2. The requirement of publication in a defamation action means that you must not tell a third...

In a bilateral contract, the consideration is _ _ _ _ _ . a promise in exchange for an act an act in exchange for an act a promise in exchange for a promise none of the above

help solving 30 -33 Serena works and displays her paintings in a local gallery. Ivette sees her work and is particularly interested in a seascape painting. Ivette tells Serena that she really likes...

A non-corporate entity, such as a limited partnership, takes the citizenship of each of its members. True False Question 17 1 pts A binding promise or agreement requires that the parties to the...

Question 1 Bill downloaded an antivirus software from the Internet. Under the Uniform Commercial Code (UCC), the software is a: good. service. good-faith warranty. mixture of goods and services. 2...

1. Was VAAF contractually obligated to pay Chad for refraining from smoking? 2. Was there consideration to support its promise to pay $500? 3. Are there other facts you need to know to make that...

1. Daniel Dimwit sees an advertisement for a toaster oven at Target for the price of $49.00. When he gets to Target they are all sold out. Sears has the same toaster oven for $60.00. Can Mr. Dimwit...

Assignments submitted through this link will be checked using SafeAssign by Blackboard. Your work will not be used for any purpose other than preventing plagiarism in the University. Ownership of 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...

41. Jack offers to sell his house to Bill. He prepares a written offer but mistakenly transposes some numbers and offers to sell for $189,000 instead of $198,000 intended. He sends the offer to Bill...

Let Q be the n ( n real matrix in which each entry is 1. Show that det(Q - n In) = 0.

In government projects, what is meant by the phrase "most of the benefits are local." What conflict does this create for the federal government in terms of funding projects from public monies?

Judge McGraw What is a presentment warranty? Materials on the right have been updated A type of warranty made by someone who pays out on a check. A warranty made by the drawer of the check. A type of...

What is an example of constructive feedback? provide reference