Asked by Keijenea labostrie on Apr 27, 2024
Verified
A promisee's consideration is effective only if given directly to the promisor by the promisee.
Promisor
An entity or individual who makes a promise to perform a certain action or duty within a contract.
Promisee
The person to whom a promise or agreement is made, especially in a contract.
- Comprehend the notion and legal tenets of consideration within the framework of contract law.
Verified Answer
ZK
Zybrea KnightMay 04, 2024
Final Answer :
False
Explanation :
Consideration can be provided to the promisor either directly by the promisee or indirectly through another party, as long as there is a benefit to the promisor or a detriment to the promisee that is bargained for in exchange for the promise.
Learning Objectives
- Comprehend the notion and legal tenets of consideration within the framework of contract law.
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