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Lack of Consideration in Contract Law

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

A local chef visited a local farmer. The chef said he would buy as much cauliflower as the farmer could grow. The following week, several truckloads of cauliflower arrived at the chef's restaurant. The chef refused to pay, and the farmer threatened to sue. Which of the following would apply?

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1. Mabel asked Sally for a ride to the mall. Sally was happy take her. When they returned home, Mabel said she would take Sally to lunch the following day to thank her for the ride. Sally showed up at noon with her appetite, but Mabel refused to take her to lunch. What will likely happen?

2. Dan was about to turn 18, and his father, Don, promised to have a shiny new car at the curb on the morning of his milestone birthday. When an excited Dan woke up, no car was at the curb. Dan turned to Don requesting the car. Don said he did not buy him any such car, and Dan threatened to sue. What is the likely outcome?

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About This Quiz & Worksheet

Test your ability to determine what a consideration is, in regards to contracts, with this worksheet/quiz combo. In order to pass the quiz, you will need to know legal terms like consideration and alternative consideration.

Quiz & Worksheet Goals

This quiz and worksheet combo can help you review:

  • Elements of a contract
  • Definition of consideration
  • Examples of alternative considerations
  • Lack of consideration

Skills Practiced

This quiz and worksheet combo can help you practice these skills:

  • Interpreting information - verify that you can read information regarding consideration and interpret it correctly
  • Information recall - access the knowledge you have gained regarding the elements of a contract
  • Reading comprehension - ensure that you draw the most important information from the related contracts lesson

Additional Learning

To learn more about consideration in relation to contracts, review the accompanying lesson on Lack of Consideration in a Contract. This lesson covers the following objectives:

  • Explores examples dealing with lack of consideration
  • Differentiate between a promise and contract
  • Explains how courts handle contracts
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