Asked by Danielle Herrera on May 22, 2024
Verified
John promises to pay Robert $100 per week,in exchange for Robert's promise not to beat John up.There is no consideration for John's promise.
Consideration
Something of value (such as money, goods, or services) that is exchanged between parties in a contract, making the agreement legally binding.
- Identify the differences between valid and non-valid consideration.
Verified Answer
AA
Anahi AlvarezMay 28, 2024
Final Answer :
True
Explanation :
Every member of society has a duty to obey the law and refrain from committing crimes or torts.Therefore,a promisee's promise not to commit such an act can never be consideration.
Learning Objectives
- Identify the differences between valid and non-valid consideration.