Answer TRUE or FALSE. 1. A gift can never be consideration for a contract. 2. To be
Question:
Answer TRUE or FALSE.
1. A gift can never be consideration for a contract.
2. To be valid, the consideration to support a contract must be legally sufficient.
3. Under certain circumstances, a preexisting duty may still be consideration for a new contract.
4. Caveat emptor means let the seller beware.
5. Promissory estoppel is a contractual remedy.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 33% (3 reviews)
1 False ...View the full answer
Answered By
Somshukla Chakraborty
I have a teaching experience of more than 4 years by now in diverse subjects like History,Geography,Political Science,Sociology,Business Enterprise,Economics,Environmental Management etc.I teach students from classes 9-12 and undergraduate students.I boards I handle are IB,IGCSE, state boards,ICSE, CBSE.I am passionate about teaching.Full satisfaction of the students is my main goal.
I have completed my graduation and master's in history from Jadavpur University Kolkata,India in 2012 and I have completed my B.Ed from the same University in 2013. I have taught in a reputed school of Kolkata (subjects-History,Geography,Civics,Political Science) from 2014-2016.I worked as a guest lecturer of history in a college of Kolkata for 2 years teaching students of 1st ,2nd and 3rd year. I taught Ancient and Modern Indian history there.I have taught in another school in Mohali,Punjab teaching students from classes 9-12.Presently I am working as an online tutor with concept tutors,Bangalore,India(Carve Niche Pvt.Ltd.) for the last 1year and also have been appointed as an online history tutor by Course Hero(California,U.S) and Vidyalai.com(Chennai,India).
4.00+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Social Science questions
-
Question (700 words) John Densmore, a law student and part-time musician, was seriously injured in a car accident. The other car's driver, Ray Manzarek, a renowned life motivation coach and a...
-
DiLorenzo was an officer, director and shareholder of 100 shares of stock of Valve & Primer. M. Chris Dickson was the chief executive officer and majority shareholder of Valve & Primer. DiLorenzo was...
-
Portray in words what transforms you would have to make to your execution to some degree (a) to accomplish this and remark on the benefits and detriments of this thought.You are approached to compose...
-
Consider the following recursive function, which is related to a famous unsolved problem in number theory, known as the Collatz problem, or the 3n+1 problem: public static void collatz(int n) {...
-
In early 2015, Mei Ling's gross pay increased from $75 000 per year to $83 000 per year. (a) What was the annual percent increase in Mei Ling's pay before federal income taxes? (b) What was the...
-
Take a close look at the ribbon interface of Microsoft Office. Try to get hold of either old versions of Microsoft Office or screenshots from that software package. Compare the differences in the...
-
Construct an AON network diagram for the activities required to complete the Capen House move. Be sure to visualize the interdependencies of the work tasks and to follow network diagramming...
-
The assignment is to prepare a rough draff of the appellee's brief in opposition to the appellant's appeal of the trial court's denial of the motion to suppress evidence seized from appellant's...
-
Imagine yourself as the senior Quantity Surveyor in construction project and discuss on how accounting help for Quantity Surveyors job role
-
Check your own state statutes for the age of consent and contracts that are deemed to be malum in se and malum prohibitum.
-
The plaintiff, Massachusetts Eye & Ear Infirmary (MEEI), brings an action against the Eugene B. Casey Foundation (the Foundation) and Thomas F. Reilly (Reilly), the Attorney General of Massachusetts,...
-
Analysis of flexible budgets and standard costs emphasizes the importance of a similar unit of measure for meaningful comparisons and evaluations. When Best Buy compiles its financial reports in...
-
Scenario : Wanda, a BCBA, is updating an intervention plan for a leaner on her caseload to submit for insurance funding authorization. Part of the plan includes the completion of an adaptive...
-
a) how can your company accommodate generational or gender difference within your company ? b) how can your company accommodate communication and or language difference within your company ?
-
3. Consider the following data for two catalysts, A and B. The temperature is 25 C and the reaction occurs at standard conditions. a. Make a Tafel plot and determine the Tafel slope. Estimate the...
-
How consumption can be helpful in facilitating the construction of your identity? Explain the ways in which the symbolic meanings, connected with your consumption choices are important to you? Is...
-
Cataumet Boats, Inc. Jaime Giancola had just completed the first half of her MBA program and wanted to work on a project during the summer that would give her some practical experience applying what...
-
Why can a firm in monopolistic competition make an economic profit only in the short run?
-
For the following exercises, write the polynomial function that models the given situation. Consider the same rectangle of the preceding problem. Squares of 2x by 2x units are cut out of each corner....
-
Explain the meaning of Remoteness of damage and Measure of damages.
-
Sebastian is the owner of a famous fish restaurant Poissons. He has just engaged a top chef, Pierre, who has contracted to work solely for him during the next six months, and not to work in any other...
-
Sally used to be the owner of a prosperous dating agency in Brighton. Three years ago she made a contract with Speedy Ltd to advertise her agency on four of their buses for a period of one year. Soon...
-
C: The sor at the poopecin 0ieund to twe oxind places)
-
What information may an Appeals Officer not consider when reviewing a taxpayer's case? Select one: a. The cost involved for the IRS to hire an expert witness for litigation. b. Litigation hazards...
-
Carla Vista Cart Inc. has the following information for 2026 : The rate of return on assets Carla Vista Cart Inc. is 81.06%17.27%30.58%14.00%
Study smarter with the SolutionInn App