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Business Negotiations and Contracts: Difference between revisions

Business Negotiations and Contracts (view source)

Revision as of 12:41, 5 November 2013

327 bytes added ,  5 November 2013
definition of w:consideration
(+ statute)
(definition of w:consideration)
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* '''statute''' == law/rule
* '''statute''' == law/rule
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'''[[w:Consideration|Consideration]]''' is the concept of legal value in connection with [[w:contract|contract]]s. It is anything of value promised to another when making a contract. It can take the form of money, physical objects, services, promised actions, abstinence from a future action, and much more. ( Wikipedia )
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