Asked by
Sarah Hipke
on Nov 21, 2024
Verified
________ is what a person receives in return for performing a contract obligation.
A) Consideration
B) Accent
C) Accord
D) Money
E) Accession
Consideration
Something of value that is exchanged between parties in a contract, making it legally binding.
- Attain an understanding of the idea of consideration in the context of contract law and its critical role in constituting legally enforceable contracts.
Verified Answer
SA
Learning Objectives
- Attain an understanding of the idea of consideration in the context of contract law and its critical role in constituting legally enforceable contracts.