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Unformatted text preview: Chapter 11 1-2 1. What is consideration? This means the promise to exchange things of value. 2. What are the different types of detriment? 1. Doing something that one has a legal right not to do. 2. Giving up something that one has a legal right to keep. 3. Refraining from doing something that one has a legal right to do....
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This note was uploaded on 07/04/2010 for the course MGMT 101 taught by Professor Haitt during the Spring '10 term at Buena Vista.
- Spring '10
- Business Law