Solved

Which of the Following Is Correct with Regard to Consideration

Question 72

Multiple Choice

Which of the following is correct with regard to consideration?


A) In a unilateral contract, a promise is exchanged for an act or forbearance to act.
B) In a bilateral contract, there is an exchange of promises.
C) Legal sufficiency is always related to adequacy of consideration.
D) Two of the above, (a) and (b) are correct.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions