Question: The promise to refrain from doing something that a party has a legal right to do , or the promise of inaction, is known as:

The promise to refrain from doing something that a party has a legal right to do, or the promise of inaction, is known as:
forbearance.
consideration.
general release.
pledge or subscription.
 The promise to refrain from doing something that a party has

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!