Register

A promise not to sue another party is not consideration, because the promise does not convey any legal value to the other party. True False

A promise not to sue another party is not consideration, because the promise does not convey any legal value to the other party. True False
asked 93.9k views
2 votes
A promise not to sue another party is not consideration, because the promise does not convey any legal value to the other party.

True
False

asked
User Raedawn
by
7.6k points

1 Answer

5 votes
FALSE.

A promise not to sue another party is a valid consideration, and the promise must have good faith belief in the validity of his/her claim.

answered
User Altso
by
8.3k points
← Prev Question Next Question →

No related questions found

Ask a Question
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.

Categories

Other Questions

Outline the process by which most federal judges are nominated and approved
When an excessive amount of alcohol is consumed causing a person to stop or breath slowly, vomit in their sleep. or appear pale or bluish the person is possibly suffering from • Binge drinking Intoxication
So I'm in a situation where my father's girlfriend is having a custody battle for her daughter. But there is a woman coming to our home to look at the household and the residents. Me myself being 18 I
Link Copied!