Multiple choice

Legal value cannot be found in the exchange of a benefit for a detriment.

  1. TRUE

  2. FALSE

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Legal value is routinely found in the exchange of a benefit for a detriment. In fact, the classic definition of consideration is a benefit to the promisor or a detriment to the promisee. Therefore, the statement that legal value cannot be found in such an exchange is false.