In forming a contract, “consideration” is _____.
a. another word for “meeting of the minds”
b. the items of value exchanged according to the contract
c. verbal etiquette used between the parties of the contract
d. the act of considering an alternative offered by another party in the contract

Question

bmoore5931 bmoore5931

05-04-2017
Mathematics

contestada

In forming a contract, “consideration” is _____.
a. another word for “meeting of the minds”
b. the items of value exchanged according to the contract
c. verbal etiquette used between the parties of the contract
d. the act of considering an alternative offered by another party in the contract

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MaximusManly MaximusManly · Answer 1 · 2017-04-26T00:00:52+02:00

MaximusManly MaximusManly

26-04-2017

I just took the test and the answer is

B. The items of value exchanged according to the contract

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akposevictor akposevictor · Answer 2 · 2022-02-23T13:31:00+01:00

In forming a contract, "consideration" is: b. the items of value exchanged according to the contract.

What is Consideration in a Contract?

In a contract, "consideration" include a valid substitute in business law, which can be real or personal property, some act or return promise that is bargained for and received by a promisor from a promisee.

Therefore, in forming a contract, "consideration" is: b. the items of value exchanged according to the contract.

Learn more about consideration in contract on:

https://brainly.com/question/1387188