Question

Today, how many states will still enforce contract under seal even if it is not supported by consideration?

1) 10
2) 2
3) 48
4) 50

Answer 1

In U.S. contract law, a contract under seal is a formal contract that is signed and sealed by the parties involved. Today, only two states, North Carolina and Delaware, still recognize contracts under seal as enforceable without consideration.

Step-by-step explanation:

In U.S. contract law, a contract under seal is a formal contract that is signed and sealed by the parties involved. Traditionally, a contract under seal did not require consideration, meaning that it could be legally enforceable even without the exchange of something of value between the parties. However, today, most states have abolished the distinction between contracts under seal and simple contracts, and consideration is generally required for a contract to be enforceable.

Therefore, the correct answer is 2) 2 states. Only two states, North Carolina and Delaware, still recognize contracts under seal as enforceable without consideration.