Asked by
Johnny Myers
on Nov 21, 2024
Verified
A detriment to a promisor is a type of consideration.
Promisor
The person or party in a contract who has made a promise to perform or deliver something to the other party.
Consideration
The value (such as money, a service, or a promise) that is exchanged between parties in a contract.
- Master the concept of consideration in contract law and appreciate its significance in the realization of legally obligatory agreements.
Verified Answer
DW
Learning Objectives
- Master the concept of consideration in contract law and appreciate its significance in the realization of legally obligatory agreements.