1311. Consideration :

A. Must move from the promise
B. May leave the promisee or any other individual *
C. Must move from the third party
D. May move from the promisor

1312. Consideration :

A. Should be sufficient to the commitment made
B. Does not have to fulfill the promise *
C. Must be of reasonable value
D. Must be more value than the value of promise made

1313. Consideration must be something which the promisor:

A. Is already bound to do
B. Is not already bound to do *
C. May voluntarily do
D. Must not do

1314. Compromise of disputed claims :

A. Is a decent thought for an agreement *
B. Is definitely not a decent thought for an agreement
C. Results in a void agreement
D. Is not permitted by law

1315. A promise to fully or partially compensate someone who has already done something voluntarily for the promisor is:

A. Enforceable *
B. Not enforceable because it is without consideration
C. Void
D. Voidable

1316. A person who does not sign a contract:

A. Cannot sue
B. Can sue
C. Can sue just in very much perceived cases *
D. None of them

1317. Consideration in a contract :

A. Could be previously, present, or future *
B. May be present or future only
C. Must be present only
D. Must be future only

1318. An agreement made without consideration is :

A. Valid
B. Illegal
C. Voidable
D. Void *

1319. A promise to subscribe to a charity . The promise is a :

A. Valid contract
B. Voidable contract
C. Void agreement
D. Void contract

1320. An agreement with or by a minor is :

A. Void *
B. Cancelable at the minor’s choice
C. Cancelable at the other party’s option
D. Valid