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Contract Term 31. consideration 32. Types of consideration: a benefit to the promise; a detriment to the promisor; a promise to do something; a promise
Contract Term
31. consideration 32. Types of consideration: a benefit to the promise; a detriment to the promisor; a promise to do something; a promise to refrain from doing something 33. Promissory estoppel 34. What is required to prove promissory estoppel when consideration is missing? 35. Adequacy of contracts--- can $1 be adequate consideration 36. Illusory promise 37. Past consideration 38. Pre- existing duty 39. Exceptions to the pre- existing duty rule 40. Partial payment of a debt r Step by Step Solution
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