It is not necessary for a contract to state consideration flowing from one party to another.

Name: It is not necessary for a contract to state consideration flowing from one party to another.
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Question

Quizplus · Accepted Answer

Consideration is a necessary element of a contract and must be explicitly stated in the contract. It is the exchange of something of value between parties, and without it, the contract is not enforceable.

It Is Not Necessary for a Contract to State Consideration