Uncle Jim promises to pay Colbie's student loans if Collbie earns a 4.O GPA when she...

 

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Uncle Jim promises to pay Colbie's student loans if Collbie earns a 4.O GPA when she graduates from college. In turn, Colbie agrees to work for Uncle Jim for minimum wage for one year after graduation. Which of the following meets the requirements of consideration? Multiple Choice A promise not to engage in a crime or tort A promise that involves the exchange of a legal value A promise without a binding obligation A promise to do a preexisting duty Uncle Jim promises to pay Colbie's student loans if Collbie earns a 4.O GPA when she graduates from college. In turn, Colbie agrees to work for Uncle Jim for minimum wage for one year after graduation. Which of the following meets the requirements of consideration? Multiple Choice A promise not to engage in a crime or tort A promise that involves the exchange of a legal value A promise without a binding obligation A promise to do a preexisting duty

Answer rating: 100% (QA)

Answer The correct option is B Explanation iConsideration is reflection of exch... View the full answer