Question: What is another term for consideration when referring to one of the four elements of a legal contract? A . Value B . Voidable C

What is another term for "consideration" when referring to one of the four elements of a legal contract?
A. Value
B. Voidable
C. Fraud
D. Unenforceable
What is another term for "consideration" when referring to one of

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!

Q:

What is another term for "consideration" when referring to one of the four elements of a legal contract? A . Fraud B . Voidable C . Unenforceable D . Value

Q:

BUSINESS LAW I SUMMER III2019 PROFESSOR J. ZAVAGLIA BUSINESS LAWI MID-TERMEXAM 1.AN IMPLIED CONTRACT CAN BEST BE DEFINED AS: (A)WILL NOT BE RECOGNIZED AS ENFORCEABLE BY THE COURTS (B)A TRUE FORMOF A...

Q:

BUSINESS LAW I SUMMER III2019 PROFESSOR J. ZAVAGLIA BUSINESS LAWI MID-TERMEXAM 1.AN IMPLIED CONTRACT CAN BEST BE DEFINED AS: (A)WILL NOT BE RECOGNIZED AS ENFORCEABLE BY THE COURTS (B)A TRUE FORMOF A...

Q:

1.You have been ticketed for driving 75mph in a 65 mph zone. This would be violating a law that is written and emanates from the legislature called: A. common law C. statutory law B. public law D....

Q:

For questions 1-15, answer whether the contract is: A. Void B. Voidable C. Rescissible D. Unenforceable 1. A contract of sale where one party is a minor. 2. A contract undertaken in fraud of...

Q:

Chapter 9 from Business Law and the Legal Environment was adapted by The Saylor Foundation under a Creative Commons Attribution-NonCommercial-ShareAlike 3.0 license without attribution as requested...

Q:

Sam Stevens lived in an apartment complex where he was working on his invention. He was developing a machine that played the sound of a barking dog to scare off potential intruders. A national chain...

Q:

Sam Stevens lived in an apartment complex where he was working on his invention. He was developing a machine that played the sound of a barking dog to scare off potential intruders. A national chain...

Q:

1.You have been ticketed for driving 75mph in a 65 mph zone. This would be violating a law that is written and emanates from the legislature called: A. common law C. statutory law B. public law D....

Q:

WHENEVER AN ASSIGNMENT TAKES PLACE, THE ASSIGNEE ACQUIRES: GREATER RIGHTS THAN THOSE POSSESSED BY THE ASSIGNOR NO GREATER RIGHTS THAN THOSE POSSESSED BY THE ASSIGNOR THE SAME RIGHTS AS THOSE...

Q:

Moms Apple Pie Company uses a standard cost system. The standard direct labor time for each pie is 10 minutes. During the most recent month, the company produced and sold 6,000 pies. The standard...

Q:

What happens if c1 = 0? That is, what happens if the initial vector does not to have any component in the direction of the relevant eigenvector?

Q:

Executive stock options: 3 . 5 pointsMultiple Choice 8 0 2 - 1 3 - 4 3 permit executives to purchase restricted stock.Referencesallow the holder the option to buy shares at a specified exercise price...

Q:

Free cash flow valuation You are evaluating the potential purchase of a small business with no debt or preferred stock that is currently generating $ 4 2 , 7 0 0 of free cash flow ( F C F 0 = $ 4 2 ,...