Consideration is a promise, performance, or forbearance bargained by a promisor in exchange for their promise.

A consideration in contract law is the benefit a party receives from the deal negotiated in the contract.

Consideration is a promise of something of value given by a promissor in exchange for something of value given by a promisee. Legal rules regarding... · History and comparative law

Consideration is one element critical to the formation of a contract and it must be legally sufficient for the contract to be enforceable.

Consideration in contract law is required to form a legally binding contract. Types: executed, executory, past and fresh, with examples.

Consideration is part of what makes a contract a contract. Find out what it means and why it's important when creating a legal agreement between two parties.

'Consideration' is the price given in exchange for goods or services under a contract, or a promise to do (or not to do) something in return.

Clearly, consideration relates to the exchange of promises, therefore it becomes an extremely useful tool in providing a remedy for aggrieved parties.

Consideration is something of value exchanged between the parties to a contract. It can be money, work performance, property, or many other things. Both parties ...