Asked by
Becky Mitchell
on Nov 01, 2024
Verified
Consideration requires that the benefits and sacrifices promised between the parties be legal.
Consideration
The value (such as cash, goods, or services) exchanged between parties in a contract, making the agreement legally binding and enforceable.
- Absorb the essence and varieties of legally competent consideration in the framework of contract law.
Verified Answer
RB
Learning Objectives
- Absorb the essence and varieties of legally competent consideration in the framework of contract law.