Which of the following is not given in mutual consideration?
Legal value is found in
When buyers agree to purchase all of a particular producer's production, it is called
A liquidated debt is one where the parties agree
Which of the following is not a part of consideration?
The statute of limitations specifies
When consideration is provided to keep an offer open, it creates
When Marty agrees to take possession of her uncle' gift to her, Marty becomes a(n)
Marissa agree's to purchase Danny's land. Both parties sign the contract, which states she will purchase the property for one dollar and other good and valuable consideration. This is known as what?
Will agrees not to file bankruptcy. In exchange a group of his creditors agree to accept less than what they are entitled to receive in their debt claims against Will. This consideration is known as
Dahlia's Bakery produces a wide variety of cookies, cakes, and pastries. If Dahlia agrees to supply all the pastries a particular restaurant needs, what has she created?
A promise not to do something is known as a(n)
Parties who have special contractual rights are
Acting toward a contract as though one intends to be bound by it is called
When a court decrees a minor emancipated, it is referred to as
Which of the following would most likely be classified as non-necessaries?
In most states a minor can get back everything they gave even if
Some contracts of a minor that cannot be disaffirmed are
The severance of the child parent relationship is referred to as
Generally, a person lacking contractual capacity can disaffirm a contract for non necessaries
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