Consideration usually consists of an act or a promise to perform an act.

Name: Consideration usually consists of an act or a promise to perform an act.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Consideration is a legal term that generally refers to the exchange of something of value between parties to a contract. This consideration can take the form of an act or a promise to perform an act. Therefore, the statement that consideration usually consists of an act or a promise to perform an act is true.

Consideration Usually Consists of an Act or a Promise to Perform