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Why are promises unenforceable if they promise to do something in exchange for any action that is already legally required?
Promises are unenforceable in such cases because they lack consideration, which is a fundamental element of a valid contract. If a party is already legally obligated to perform an action, then doing so does not provide any new benefit or detriment to the other party. As a result, the promise does not create a binding obligation since it does not involve an exchange of value that would induce the promisee to act differently. Thus, the promise is seen as merely a reaffirmation of an existing duty rather than a new commitment.
What else can I help you with?
What is the tax treatment of bartering exchange?
Technicaly if you exchange something with X resale value for something with X + 1 resale value. Then you are required to pay tax on the 1.
Is sales tax required if vehicle donated by friend?
In many states (and maybe all) sales tax is only charged if there is a sale -- the exchange of something for something. A gift is not a sale, so no sales tax is required.
What does it mean 2 not pay?
"Pay" means to exchange something (usually money) for something or for some debt owed (usually for a thing or a receipt of payment).Therefore, "2 not pay" means you did "not pay" or you were not required to pay.
Can the word expected the same as required?
The word "expected" is not the same as "required". Something that is "expected" is something that is assumed will occur. Something that is "required" is something that is essential.
What are the advantages of shared exchange hosting?
Exchange hosting is about the server resources required by Microsoft's Exchange business software. Many choose to have these services provided in a shared hosting environment off-site, which reduces the work and IT staff required.
Which exchange server roles are required the install if iis?
CAS and Mailbox
What are the requirements for listed company?
its required stock exchange for limited companymeeting
What are the Exchange management tools How and where can you install them?
Exchange System Management Tools are the tools or console required to manage the Exchange Server. They are normally installed on Exchange Server. But if we want to manage Exchange Server from Another Non-Exchange Server we can install them on that Machine. Permission required to install them are Users should be a Member of Domain Admins, Schema Admins and Enterprise Admins group. Can be installed from Exchange 2003 Setup CD : run setup and select custom and Microsoft Exchange System Management Tools.
What are the four factors required for marketing to occur?
1. Two or more parties with unsatisfied needs 2. A desire and ability on their part be satisfied 3. A way for parties to communicate 4. Something to exchange
What is required to exchange money?
To exchange money, you typically need an amount of currency you wish to convert, the currency you want to receive, and a service or institution that facilitates the exchange, such as a bank, exchange bureau, or online platform. Additionally, you may be required to provide identification, especially for larger amounts. Exchange rates and any applicable fees will also affect the amount you receive in the new currency.
What does the term exchange means?
Exchange money means that somebody change a currency into an other currency. This can be done at a bank or a money exchange shop. An exchange is often required at a visit of an other nation which use an other currency.
What are the provisions of the Securities Exchange Act of 1934?
This act created the Securities Exchange Commission (SEC) and required any brokers or dealers engaged in the exchange of securities to report these transactions to the SEC
