Question: QUESTION 5 Consideration . . . Must be money. Can be vague or indefinite. Must be a peppercorn if a charity is involved. Can be

QUESTION 5 Consideration . . . Must be money. Can be

QUESTION 5 Consideration . . . Must be money. Can be vague or indefinite. Must be a peppercorn if a charity is involved. Can be the exchange of some sort of value. QUESTION 6 Promissory estoppel . . . Is the function of equity to make a contract fair. Basically refers to stopping someone from going against their promise. Requires one party to act in reliance of a promise. O All of the above

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