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Chpt 8 consideration

Chpt 8 consideration. Is this thing working?. Yes No. Response Grid. 15. Countdown. Donee is the person that recives a gift ?. True False. Response Grid. 15. Countdown. Forbearance is a promise to do something?. True False. Response Grid. 15. Countdown. A gift is .

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Chpt 8 consideration

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Presentation Transcript

  1. Chpt 8 consideration

  2. Is this thing working? • Yes • No Response Grid 15 Countdown

  3. Donee is the person that recives a gift? • True • False Response Grid 15 Countdown

  4. Forbearance is a promise to do something? • True • False Response Grid 15 Countdown

  5. A gift is ... • A transfer of ownershipwith something in return? • A transfer of ownership with nothing in return? • Dinner with Mr. Krol Response Grid 15 Countdown

  6. Nominal consideration is a token amount of money given in consideration? • Yes • No Response Grid 15 Countdown

  7. Legal value is a change in a partys legal position as a result of a contract? • True • False Response Grid 15 Countdown

  8. Does Ohio State receive gifts ? • Yes • No Response Grid 15 Countdown

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