Question

The consideration for an agreement may be

Answer 1

Answer:

Consideration is the price of the contract and it can be right, interest or responsibility etc. ... It means one party agree not to do something in lieu of the promise of other party of the contract. Thus one party may be able to benefit due to the abstinence of another who refrains from some gain.

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Answer 2

Consideration is the price of the contract and it can be right, interest or responsibility etc. ... It means one party agree not to do something in lieu of the promise of other party of the contract. Thus one party may be able to benefit due to the abstinence of another who refrains from some gain.