Which of the following contract concepts is typically given in exchange for the execution of a promise?
A) Lawfulness.
B) Consideration
C) Agreement
D) Discharge.

Name: Which of the following contract concepts is typically given in exchange for the execution of a promise? A) Lawfulness. B) Consideration C) Agreement D) Discharge.
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Question

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Consideration is typically given in exchange for the execution of a promise. It is something of value that is bargained for and given in exchange for the promise.

Which of the Following Contract Concepts Is Typically Given in Exchange