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What Is Consideration In Law Of Contract? [Solved]

Consideration is a promise, performance, or forbearance bargained by a promisor in exchange for their promise. Consideration is the main element of a contract. Without consideration by both parties, a contract cannot be enforceable.

Contracts: What is Consideration?

What is consideration

Contract Law - Consideration

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What is “Consideration” in Contract Law?

Let’s talk about the weird little doctrine of