• Answer:-

    Consideration in contract law is like the glue that holds a deal together. It's what each party brings to the table—whether it's money, goods, services, or even a promise. Basically, it's the "something" of value that's exchanged between parties, making the contract legally binding. So, without consideration, there's no deal. It's the foundation of contract law, ensuring fairness and mutual obligation between parties.

Feb 21 2024

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