Question

Which of the following is true regarding past consideration?

A. It is not consideration that will support a binding contract.

B. It is consideration that will support a binding contract.

C. It is consideration that will support a binding contract only in the employment context.

D. It is consideration that will support a binding contract only in the context of the provision of services.

E. It is consideration that will support a binding contract only in the restaurant industry.

Answer

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