To meet the contractual requirement,consideration must be:

Question

Quizplus · Accepted Answer

Consideration must be bargained-for and involve a legal detriment to each party, meaning each party must give up something of value or suffer some kind of legal obligation or disadvantage in return for the promise or performance of the other party. This requirement ensures that the contract is not a gift or donation but a mutually beneficial exchange of promises or performances. The other choices may be desirable or relevant in some cases, but they are not necessary for meeting the requirement of consideration.

To Meet the Contractual Requirement,consideration Must Be