Asked by
Katie Schmitz
on Nov 21, 2024
Verified
Which of the following is not a type of consideration?
A) A benefit to the promisee.
B) A detriment to the promisor.
C) A promise to do something.
D) A promise to refrain from doing something.
E) A promise to think about refraining from doing something.
Consideration
In contract law, it refers to something of value, such as money, services, or goods, exchanged between parties as part of an agreement.
- Gain an understanding of the idea of consideration in the domain of contract law, highlighting its critical importance for the legitimacy of a contract.
Verified Answer
MS
Learning Objectives
- Gain an understanding of the idea of consideration in the domain of contract law, highlighting its critical importance for the legitimacy of a contract.