Which of the following is an acceptable consideration for a contract?
A) penalty
B) arrest
C) sentence
D) money

Question

Quizplus · Accepted Answer

Money is a common consideration in a contract, as it represents the value being exchanged between the parties involved. Penalties, arrests, and sentences are not acceptable considerations as they involve legal actions and consequences that are unrelated to the terms of the contract.

Which of the Following Is an Acceptable Consideration for a Contract