Asked by
Angelica Nieto
on Nov 21, 2024Verified
A promise to do something that you are already obligated to do is generally a valid consideration.
Valid Consideration
Something of value (cash, services, goods, etc.) that is exchanged between parties in a contract, making the contract legally binding.
- Digest the principle of consideration as critical in contract law and pivotal for the crafting of contracts that are legally enforceable.
Verified Answer
DB
Learning Objectives
- Digest the principle of consideration as critical in contract law and pivotal for the crafting of contracts that are legally enforceable.