"Legal detriment" in the context of consideration means:

Question

Quizplus · Accepted Answer

Legal detriment in the context of consideration refers to giving up an existing legal right or taking on a new legal duty. This is necessary for a contract to be valid and enforceable, as both parties must give up something of value in order for there to be mutual obligation. Option D and E are not relevant to the concept of legal detriment, and option B is not a comprehensive enough answer as it only includes taking on a new legal duty, whereas giving up an existing legal right is also considered legal detriment.

"Legal Detriment" in the Context of Consideration Means