Question 82 pts A gratuitous promise is a promise made without consideration Group of answer choices True False Flag question Question 9 Question 92 pts Which of the following is not correct with regard to consideration Group of answer choices In a unilateral contract, a promise is exchanged for an act or forbearance to act In a bilateral contract, there is an exchange of promises Legal sufficiency is always related to adequacy of consideration Consideration can be a legal detriment Question 112 pts Abbey helped Greyson study for an important exam for about 8 hours After Greyson got an A on the exam, he told Abbey, I will give you $25 for helping me get a good grade Abbey said, Thanks, I'll take it There is Group of answer choices no contract because there is no mutual assent no contract because there is no valid consideration no contract because $25 is not adequate consideration for 8 hours work a contract with sufficient consideration Question 132 pts Which of the following would not be enforceable without additional consideration Group of answer choices A promise to pay a debt barred by the statute of limitations A promise to pay a debt discharged in bankruptcy where the promise meets the requirements of the Bankruptcy Code A promise which falls within the doctrine of promissory estoppel The settlement of an undisputed debt Question 152 pts The UCC provides that a contract for the sale of goods cannot be effectively modified without new consideration Group of answer choices True False Flag question Question 16 Question 162 pts Bob promises to sell to Candy an automobile for $20,000, for which Candy promises $20,000 A unilateral contract exists Group of answer choices True False Question 222 pts A bank robbery has occurred, and the banker's association has offered a $1,000 reward for information leading to the arrest and conviction of the robber Several people are claiming to be entitled to the money Which of them is eligible Group of answer choices The employees of the bank An on duty sheriff's deputy in the county where the arrest occurred An off duty deputy sheriff from a county other than the one where the arrest occurred None of these are eligible Question 252 pts An illusory promise is consideration for a return promise Group of answer choices True False

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Question 82 pts A gratuitous promise is a promise made without consideration  Group of answer choices True False Flag question  Question 9 Question 92 pts Which of the following is not correct with regard to consideration  Group of answer choices In a unilateral contract, a promise is exchanged for an act or forbearance to act  In a bilateral contract, there is an exchange of promises  Legal sufficiency is always related to adequacy of consideration  Consideration can be a legal detriment  Question 112 pts Abbey helped Greyson study for an important exam for about 8 hours  After Greyson got an  A  on the exam, he told Abbey,  I will give you $25 for helping me get a good grade   Abbey said,  Thanks, I'll take it   There is  Group of answer choices no contract because there is no mutual assent  no contract because there is no valid consideration  no contract because $25 is not adequate consideration for 8 hours work  a contract with sufficient consideration  Question 132 pts Which of the following would not be enforceable without additional consideration  Group of answer choices A promise to pay a debt barred by the statute of limitations  A promise to pay a debt discharged in bankruptcy where the promise meets the requirements of the Bankruptcy Code  A promise which falls within the doctrine of promissory estoppel  The settlement of an undisputed debt  Question 152 pts The UCC provides that a contract for the sale of goods cannot be effectively modified without new consideration  Group of answer choices True False Flag question  Question 16 Question 162 pts Bob promises to sell to Candy an automobile for $20,000, for which Candy promises $20,000  A unilateral contract exists  Group of answer choices True False Question 222 pts A bank robbery has occurred, and the banker's association has offered a $1,000 reward for information leading to the arrest and conviction of the robber  Several people are claiming to be entitled to the money  Which of them is eligible  Group of answer choices The employees of the bank  An on duty sheriff's deputy in the county where the arrest occurred  An off duty deputy sheriff from a county other than the one where the arrest occurred  None of these are eligible  Question 252 pts An illusory promise is consideration for a return promise  Group of answer choices True False

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Question 82 pts A gratuitous promise is a promise made without consideration. Group of answer choices True

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Question 82 pts A gratuitous promise is a promise made without consideration. Group of answer choices True

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