Asked by David Valdes on Sep 30, 2024
There must be separate ________ for each promise or act for a contract to be considered divisible.
A) payments
B) consideration
C) headings
D) clauses
Payments
The act of transferring money or other consideration from one party to another as fulfillment of an obligation or purchase.
Divisible Contract
An agreement comprising multiple promises or parts that can be separated and independently executed or enforced.
Consideration
Something of value exchanged between parties in a contract, making the agreement legally binding.
- Investigate the legal ramifications for participants in agreements that entail illegal acts or materials, as well as the notion of divisibility in such contracts.
Learning Objectives
- Investigate the legal ramifications for participants in agreements that entail illegal acts or materials, as well as the notion of divisibility in such contracts.