In order for a contract to be valid, only one party needs to offer something of value to the other.

Name: In order for a contract to be valid, only one party needs to offer something of value to the other.
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Quizplus · Accepted Answer

In order for a contract to be valid, both parties must offer something of value, also known as "consideration." This can be in the form of money, goods, services, or something else of value. Without consideration from both parties, the contract is not legally binding.

In Order for a Contract to Be Valid, Only One