Busniess lawq chpt10
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
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Forbearance | The promise to refrain from doing something
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Promisor | The person making a promise
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Promisee | The person who a promise is being made to
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Pledge | A promise to donate money to a church temple mosque hospital or other charitable organization
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General Release | A written agreement in which a n aggrieved party can discharge in whole or in part a claim resulting from an alleged breach of contract
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Barren Promise | A promise to pay an existing debt or to obey the law, a promise of something already owed
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Preexisting Duty | An obligation that a party is already bount to by law or by some other agreement. The party may not use this as consideration in a new contract
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Gratuitous Promise | A promise that does not require some benefit in reurn
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Illusory Promise | One that consists of an indefinite, open-ended statement purporting to be an agreement.
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Moral Consideration | Something that a person is not legally bount to do but that he or she may feel bound to do because of love, friendship, home, sympathy, concience, or other reason
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Past Consideration | A promise to repay someone for a benefit after it has been recieved
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Review the information in the table. When you are ready to quiz yourself you can hide individual columns or the entire table. Then you can click on the empty cells to reveal the answer. Try to recall what will be displayed before clicking the empty cell.
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To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
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Created by:
Masterkenny12
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