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Henry Agrees to Give Beth $100 in Exchange for Her

Question 27

Multiple Choice

Henry agrees to give Beth $100 in exchange for her $50.Which of the following statements is true?


A) The agreement violates the parties' freedom of contract.
B) The agreement is supported by nominal consideration.
C) The inadequacy of consideration is apparent on the face of the agreement.
D) The consideration is insufficient because it is based on past performance.

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