Question: Why is there no consideration when a party does what it is already legally obligated to do? Multiple Choice Because there will not be adequate

Why is there no consideration when a party does what it is already legally obligated to do? Multiple Choice Because there will not be adequate consideration Because promising to do something you are obligated to do is an illusory promise Because of the legal doctrine of promissory estoppel Because there is no detriment

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 Law Questions!