Courts will look at the consideration involved and make sure
that each side got a good...
90.2K
Verified Solution
Link Copied!
Question
Operations Management
Courts will look at the consideration involved and make surethat each side got a good deal. True or False?
( there is no given case, just like this...
Answer & Explanation
Solved by verified expert
3.8 Ratings (471 Votes)
A legally binding contract desires three foremost factors an present consideration and acceptance At the same time the terms present and acceptance are rather easy an offer is made and either rejected or accredited consideration refers to anything of worth thats being gained via the contract If there is no consideration for one or more events then it casts a shadow over the legitimacy of the contract In different words each party must be competent to answer the question of why they entered into the agreement Those who find themselves unable to reply this query wont were given appropriate consideration This text supplies a common overview of contractual consideration and the way so much of its required for a contract to be legitimate How is Consideration
See Answer
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!