Asked by
Aylin Silva
on Nov 27, 2024Verified
Consideration refers to one party's assessment of the other party to a contract.
Consideration
Something of value (such as money, services, or goods) that is exchanged between parties in a contract, rendering the agreement legally binding.
- Comprehend the principle and importance of consideration within the realm of contract law.
Verified Answer
YM
Learning Objectives
- Comprehend the principle and importance of consideration within the realm of contract law.
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