Question

What are Reciprocal Promises?​

Answer 1

Explanation:

Introduction. In most commercial contracts, two or more parties typically undertake to perform certain obligations vis-à-vis each other. Such obligations could be in the nature of reciprocal promises i.e., promises which form part or the entire consideration for each other.

Answer 2

Answer:

ANS:. Introduction. In most commercial contracts, two or more parties typically undertake to perform certain obligations vis-à-vis each other. Such obligations could be in the nature of reciprocal promises i.e., promises which form part or the entire consideration for each other.

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