Asked by

Caroline Kelley
on Nov 21, 2024

verifed

Verified

"Because you have worked so hard this year, I will give you a $2,500 Christmas bonus" would be consideration to support a contract.

Consideration

a legal principle involving something of value exchanged between parties within a contract, making the agreement enforceable.

  • Assess the impact of previous consideration on contract law and its usual disqualification from constituting acceptable consideration.
verifed

Verified Answer

AF
Ashley FalconerNov 24, 2024
Final Answer:
Get Full Answer