(True or False ) A contract to settle a liquidated debt for part payment of the debt BEFORE It's due date has no consideration ( True or false) Today courts never check for adequacy of consideration (True or False) Today, A Cancellation clause always makes the contract Illusory (True or false ) Performance of a preexisting duty is not consideration (True or false ) Under the UCC there must be new consideration to modify an existing contract (True or false ) Under the UCC, output and requirements contracts are illusory (True or false) : Modern Contract Law has fewer exceptions to the consideration requirement than classical law did (True or False) Agreeing to Give up a valid legal claim against another party can be consideration Can you PLEASE give a brief explanation for these questions would really help me prep for my final