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The forbearance to sue is regarded as
Invalid consideration
No consideration
Valid consideration
None of the above
- Option 1: Invalid consideration
- Forbearance to sue is generally not an invalid consideration. It involves a promise to refrain from exercising a legal right, which can be adequate consideration in a contract.
- Option 2: No consideration
- This is incorrect. Forbearance to sue involves giving up a legal claim or the opportunity to pursue one, which constitutes valid consideration.
- Option 3: Valid consideration
- Correct. Forbearance to sue is regarded as valid consideration as it involves a legal detriment by giving up a lawful right to litigate.
- Option 4: None of the above
- This would be incorrect since option 3 already correctly identifies forbearance to sue as valid consideration.
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