Every promise and every set of promises forming the consideration for each other is _______Select one:a.Agreementb.Contractc.Offerd.Acceptance

Question

Every promise and every set of promises forming the consideration for each other is _______Select one:a.Agreementb.Contractc.Offerd.Acceptance
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Solution 1

The correct answer is a. Agreement.

Here's why:

A promise or a set of promises that form the consideration for each other is an agreement. In legal terms, an agreement is the first step in the formation of a contract. It involves two parties: the offeror, who makes the offer, and the offeree, wh Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob

Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solv

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