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Which of the following scenarios demonstrates the"bargained-for exchange" element of consideration?
Which of the following scenarios demonstrates the
"bargained-for exchange" element of consideration?
Acompany promises to donate $10,000 to charity with no expectation of anythingin return
A
company promises to donate $10,000 to charity with no expectation of anything
in return
Peter promises to pay his neighbor $200 because the neighborhelped him move last month (after the move was completed)
Peter promises to pay his neighbor $200 because the neighbor
helped him move last month (after the move was completed)
Mary agrees to sell her laptop to Tom for$800, and Tom agrees to pay $800 for the laptop
Mary agrees to sell her laptop to Tom for
$800, and Tom agrees to pay $800 for the laptop
Johnpromises to give his nephew $1,000 as a birthday gift
John
promises to give his nephew $1,000 as a birthday gift
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