To be legally enforceable as a contract, the courts require that each party to an agreement give up something of value called

Name: To be legally enforceable as a contract, the courts require that each party to an agreement give up something of value called
Brand: Quizplus
Rating: 4.9 (56 reviews)

Question

Quizplus · Accepted Answer

Consideration is a legal concept that refers to something of value that each party agrees to give up in exchange for the benefits of the contract. It is a fundamental requirement for the formation of a legally enforceable contract.

To Be Legally Enforceable as a Contract, the Courts Require