Asked by Ashley Menominee on Apr 29, 2024
Verified
Historically,free promises were not enforced unless they had which of the following supporting them?
A) Witnesses of good character
B) A signed statement of the Secretary of State
C) Consideration
D) Affidavits of profit attached to the promise
Consideration
Something of value (such as an object, money, service, or promise) that is given by a party to induce another to enter into a contract.
- Comprehend the concept of consideration within the realm of contract law.
Verified Answer
AK
Akshay KandwalMay 06, 2024
Final Answer :
C
Explanation :
Free (gratuitous)promises were historically not enforced unless attached with consideration.
Learning Objectives
- Comprehend the concept of consideration within the realm of contract law.
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