Question: Which of the following does not constitute valid consideration? Multiple Choice O O A benefit to the promisor A detriment to the promisee A



Which of the following does not constitute valid consideration? Multiple Choice O O A benefit to the promisor A detriment to the promisee A promise to do something An invitation to negotiate A promise to refrain from doing something Which of the following is incorrect regarding the statute of frauds and an interest in land? Multiple Choice O O The statute of frauds is intended to prevent oral claims to the existence of a contract for the sale of land. The statute of frauds requires a writing as evidence of a contract to sell land. Anything attached to land, such as trees or buildings, is considered real property under the statute of frauds. Mortgages of land are within the statute of frauds. Leases of land are not within the statute of frauds. The termination of a contract is known as Multiple Choice O O O rescission reformation restitution injunction execution The obligation to use reasonable efforts to minimize damage resulting from a breach is referred as the duty to Multiple Choice factor subjugate subrogate mitigate estimate one's damages.
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Answer 1 C A promise to do something Answer 2 C Anything attached to land such as trees or buildings ... View full answer
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