1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Dmitriy789 [7]
2 years ago
12

In determining whether the consideration requirement to form a contract has been satisfied, the consideration exchanged by the p

arties to the contract must be: a. Exchanged simultaneously by the parties. b. Legally sufficient. c. Fair and reasonable under the circumstances. d. Of approximately equal value.
Law
1 answer:
Leokris [45]2 years ago
4 0

Answer:

In determining whether the consideration requirement to form a contract has been satisfied, the consideration exchanged by the parties to the contract must be:

b. Legally sufficient.

A contract without consideration can be voided because it would not legally enforceable, as it must involve something valuable, curency, property, payment of money, some kind of act, a refrain or a promise from doing a legal act, for each party to provide  to the other party as accorded by the contract specifics.

Explanation:

a. Exchanged simultaneously by the parties:

A promise from one party against the promise of the other party, is necessary for a consideration to be valid, but not necessarily to be exchanged simultaneously, it could be agreed to be done at some point of the events.

d. Of approximately equal value.

Elements of consideration in business law include items of value, not necessarily of approximately the equal value, offered by each of the parties involved in a contract to the other.

c. Fair and reasonable under the circumstances.

Although fair and reasonable under certain circumstances, a contract can turn into unenforceable because of those same circumstances regarding its signing, its terms and conditions, and events that happen after the signing made the contract not able to enforced by the courts.

You might be interested in
Assignment: Explain how law acts as a means to achieve peace, security and stability in the society.
lozanna [386]

it is because law is made by people to fulfill their needs

5 0
3 years ago
Define Depreciation.​
Diano4ka-milaya [45]

The term depreciation refers to an accounting method used to allocate the cost of a tangible or physical asset over its useful life or life expectancy. Depreciation represents how much of an asset's value has been used.

3 0
2 years ago
Read 2 more answers
At which stage in the pretrial process can the prosecution drop some of the charges against the defendant?
Nataly [62]

Answer:  Plea Bargain If a defendant is charged with multiple offenses, he or she can sometimes plead guilty to one of the offenses, and the prosecution will agree to drop the other charges.

Explanation:

i dont have one

7 0
3 years ago
While pulling out of her driveway, Bethany becomes distracted by a bee and strikes Melanie, who is riding past on a bicycle. Bet
frozen [14]

Answer:

*****************

Explanation:

************************************************************

8 0
3 years ago
What could happen if the police ask your name and you refuse to tell them or give them a false name?
Ksivusya [100]

Answer:

go to jail

Explanation:

If you refuse a Breathalyzer test, you will most likely face serious consequences. For instance, if an officer stops you and believes you are intoxicated, and you refuse to submit to a test to determine your blood-alcohol concentration (BAC), you may risk having your license suspended or even face jail time.

While you may not be under arrest at this point, refusing a Breathalyzer may not be such a great idea as prosecutors may still base a potential DUI/DWI charge on other evidence collected at the scene, including officer observations, witness testimony, or the results of a field sobriety test. In certain jurisdictions, your refusal may be used against you in any possible trial. And some state laws distinguish between refusing a mobile Breathalyzer (which can carry a small penalty) and refusing a post-arrest blood, urine, or breath test at a police station or hospital (which can result in more severe penalties).

8 0
3 years ago
Other questions:
  • During pre-start, the mirror check may involve
    13·2 answers
  • In the Katz vs United States case what is the constitutional issue involved in this case
    9·1 answer
  • Granting agencies will provide money to all of those who request it.<br> O True<br> O False
    13·1 answer
  • how can the growing use of personal health records be used to improve the delivery of health care patient​
    9·1 answer
  • Why and How theories may be changed or replaced over time?
    12·1 answer
  • Does anyone know who is ronaldo the judge is asking
    13·1 answer
  • Hi Dahlia! How are you. for those who give me dumb answers will get reported and if you are a P E D O P H I L E! How many letter
    10·1 answer
  • A diplomat is someone who represents the nation in dealings with the governments of other nations. true or false
    8·1 answer
  • Will give Brainliest. How could the Women's Health Protection Act of 2021 affect other levels of government?
    12·2 answers
  • Some attorneys contact many experts as a ploy to disqualify them or prevent opposing counsel from hiring them; this practice is
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!