consideration is optional in every unilateral contract? true or false
False
Consideration is quite an effective aspect of unilateral contract and it Is promise for an act.
consideration is optional in every unilateral contract? true or false
Mutually exchanged consideration is always required to make an agreement an enforceable contract. True or False An offeror can use the "mail box" rule to revoke an offer. According to the rule, the revocation is effective at the time of mailing, not when the post office delivers it to the offeree. True or False
Why is consideration required in every contract? Give an example of an agreement that contains all needed elements of consideration.
Question 6Consideration is:a. the concern of both contracting parties for the protection of the environment.b. the concern shown by the other contracting party.C. a stated number of dollars.d. what is demanded by the promisor as the price for the promise.Question 8An executory contract is:a. void if neither party has performed.b. always unilateral in nature.c. entered into but not fully performed.d. One that has been completely performed.Question 9A minor cannot avoid a contract to purchase a car if the:a. car is...
The adequacy of consideration is the same as the legal sufficiency of consideration. True False
Every medical malpractice case has a contract issue involved. True or False A cardiologist may practice medicine with an orthopedic surgeon. True or False A dentist may practice medicine with a plastic surgeon? True or False Drug abuse education records fall under heightened confidentiality under federal law. True or False A nurse licensed in Georgia may practice nursing in South Carolina without an SC license. True or False Mary expertly removes Bob's tooth with a pair of dental pliers. She...
A promise to give a gift is generally unenforceable due to lack of consideration. True False Which of the following is not an element of negligence? Duty Breach Intent Damages The U.S. Fish and Wildlife Service utilizes notice-and-comment rulemaking. This involves a period during which judges, legislators, and the President are asked about a proposed rule. the public is asked to comment on a proposed rule. potential violators of a proposed rule are notified. the administrators are allowed to “notice”...
5. (True/False). Under the UCC, if certain contract terms, such as price or time of delivery are left open, it is not acceptable to fill in these terms. 6. (True/False). The "mirror image rule" is a UCC principle which provides that the acceptance of an offer must be on identical terms to the offer. 7. This rule is a legal rule/concept that provides that the written sales contract is the final expression of the parties' agreement and neither party can...
True or False ? A party who promises to complete a job according to the terms of a contract signed in the past has not given consideration due to past consideration. 28. The terms “bilateral” and “unilateral” as applied to contracts are based on: a. The number of parties in a contract. b. The number of attempts made to form a contract. c. What the offeree must do to accept the offer. d. What the offeror...
BUSINESS LAW Question 9 A contract requiring complete performance in exchange for a promise. Answers: A. Bilateral B. Lateral C. Multilateral D. Unilateral Question 10 A contract consists o any set of mutual promises to perform. Answers: True False Question 11 “Equity" is just an outdated term for "law". Answers: True False Question 12 The courts favor bilateral contracts over unilateral ones. Answers: True False
QUESTION 9 If a contract is breached, the contract is automatically terminated O True O False QUESTION 10 A Letter of Intent required to form a contract. True Fa se