Friday, March 07, 2008

CPA_MCQ_4

Which of the following promises is supported by legally sufficient consideration and will be enforceable?

a. A person's promise to pay a real estate agent $1,000 in return for the real estate agent's earlier act of not charging commission for selling the person's house.
b. A parent's promise to pay one child $500 because that child is not as wealthy as the child's sibling.
c. A promise to pay the police $250 to catch a thief.
d. A promise to pay a minor $500 to paint a garage.

Correct Ans - d

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