Consideration Must Benefit Promisor
This trap appears as a wrong-answer choice in 1 active question. Spotting how it is built is the repair: read each example's “why it's attractive” before the “why it's wrong.”
Subject distribution
- Contracts1
Example wrong choices
14394_lydia_puppet_stage · CONTRACTS · Choice AThe loan to Lydia was made without any agreement concerning the applicable interest rate.
Why it's attractive
The call is against Paul; this attacks Lydia’s loan term.
Why it's wrong
The call is against Paul; this attacks Lydia’s loan term.
14394_lydia_puppet_stage · CONTRACTS · Choice CPaul received no consideration for his conditional promise to Barnabas.
Why it's attractive
This looks at whether Paul personally received the money, not whether Barnabas gave bargained-for value.
Why it's wrong
This looks at whether Paul personally received the money, not whether Barnabas gave bargained-for value.
14394_lydia_puppet_stage · CONTRACTS · Choice DPaul’s conditional promise to Barnabas was not to be performed in less than one year from the time it was made.
Why it's attractive
This grabs a different Statute of Frauds lane instead of the guaranty lane.
Why it's wrong
This grabs a different Statute of Frauds lane instead of the guaranty lane.
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Practice questions using this trap →