Carmen agrees to cook twenty dinners for Hal. In exchange, Hal will repair all of the plumbing in Carmen's house. Carmen has offered legally sufficient consideration, because Carmen has promised something of value. True / False.

Question

Social Studies

Felicity Madden

5 May, 05:34

Carmen agrees to cook twenty dinners for Hal. In exchange, Hal will repair all of the plumbing in Carmen's house. Carmen has offered legally sufficient consideration, because Carmen has promised something of value. True / False.

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Answers (1)

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Davila · Answer 1

True.

Explanation:

Consideration is defined as the exchange of something of legal value, in return for a promise to receive a service or good.

The consideration must be adequate for the received service. In our example, Carmen will cook 20 dinners, which will involve money, time and effort from Carmen. In return, Hal will offer a valuable service which also involves time, effort and experience, and if both parties agree, the consideration is valid.