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ohiosr ohiosr
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7 years ago
A gratuitous promise differs from a contract in that
a. a gratuitous promise cannot lapse.
b. it does not require the payment of money to the offeror by the offeree.
c. consideration flows only in one direction.
d. a gratuitous promise cannot be revoked.
e. the terms of a gratuitous promise are not precise enough to be binding.
Textbook 
The Law and Business Administration in Canada

The Law and Business Administration in Canada


Edition: 14th
Authors:
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AlexStanfordAlexStanford
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7 years ago
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ohiosr Author
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6 years ago
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