what do you mean by cosideration for promise..??
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Consideration is the benefit that each party receives , or expect to receive, when entering into a contract. Consideration is often monetary , but it can be a promise to perform a specific act , or a promise refrain from doing something.
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Consideration is the benefit that each party receives, or expects to receive, when entering into a contract. Consideration is often monetary, but it can be a promise to perform a specific act, or a promise to refrain from doing something.
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