Question: Under contract law, a promise not to do something that a person could otherwise do O is only deemed legal consideration for a contract if

Under contract law, a promise not to do something that a person could otherwise do O is only deemed legal consideration for a contract if the person giving it is financially harmed O is called promissory estoppel, and qualifies as legal consideration O is called a forbearance, but is not adequate legal consideration for a contract O is called a forbearance and is an adequate legal value to support the existence of consideration for a contract

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