Which of the following is an example of consideration?

c. A promise to perform somepoint, a advantage to the promisor, or a detriment to the promisee

d. An Accepted offer

e. A valid counteroffer


Factor to consider in Company Law

In the USA, there are five facets of a valid contract:

An sell have to be madeThe market have to be acceptedThe function of the contract need to be legalThe contractors have to be legally able to contract.There should be consideration.

You watching: Which of the following is an example of consideration?

Factor to consider means that tright here is a mututal benefit from the contract. Each party must give somepoint and also must obtain somepoint in rerevolve. (Keep in mind, but, that the something given could be a promise to refrain from doing something)

Answer and also Explanation:


Which of the following is an instance of consideration?

The correct answer is e. A valid countersell.

a. A advantage to the promisor but not a...
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This lesson will certainly teach you what constitutes consideration in business legislation. Specifically, you will certainly evaluation consideration in contracts and also the way in which consideration is treated by the courts. Soon, you will have actually a thoturbulent knowledge of consideration.






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