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Is a promissory note valid with no consideration?

No....a promissory note is not valid without a consideration.


What are the advantages and disadvantages of past consideration?

The advantages of consideration in a valid contract


What circumstances would a contract be valid without any consideration?

from wawa(ums kal) :contracts under seal are valid without a consideration or perbaps


What are the requirements for a valid contract?

For a contract to be valid, it must include an offer, acceptance, consideration, legal capacity, and legal purpose.


Explain consideration and acceptance are the binding element of contract?

An offer is valid only if it is made with an intention of getting the assent of another. when there is no acceptance the contract does not come into existence. For a valid contract there must be consideration which need not be adequate.


Which of the following is not a valid way to log out of gcss?

which of the following is not a valid way to log out of gcss


Will a contract always be valid and binding when its contains consideration?

Just because a contract contains consideration does not mean it is legal or binding. There are other requirements that must be met.


What are the least important factors in your consideration?

The general consensus


What is the least valid consideration when considering a Continuity of Operations Plan or COOP in Information Assurance Security in the US Army?

The full question is: What is the least valid consideration when considering a Continuity of Operations Plan or COOP in Information Assurance Security in the US Army? A The location of stored backups B The inconvenience employees experience due to the geographical distance of the back-up site C Training employees in their respective roles and responsibilities D Testing the cotingency disaster and emergency plans The inconvenience employees experience due to the geographical distance of the back site


Is forbearance is a consideration of contract?

Forbearance can be considered a valid form of consideration in a contract. It occurs when one party agrees to refrain from exercising a legal right, which can be seen as a detriment to them but a benefit to the other party. This mutual exchange of concessions satisfies the requirement for consideration, making the contract enforceable. However, the forbearance must be deliberate and based on a valid agreement to be legally binding.


Does Japan require a passport to be valid for at least 6 months before entry?

Yes, Japan requires a passport to be valid for at least 6 months before entry.


Is it necessary for my passport to be valid for at least 3 months before traveling to this destination?

Yes, it is necessary for your passport to be valid for at least 3 months before traveling to this destination.