The reward received by a party in a contract agreement is...
The reward received by a party in a contract agreement is known as
consideration
acceptance
offer
warranty
Correct answer is A
Consideration is a vital element in the law of contracts, consideration is a benefit which must be bargained for between the parties, and is the essential reason for a party entering into a contract. payment or money.
Which of the following is not a means of water transport? ...
A warehouse which is used to store goods whose customs duty is not yet paid is a? ...
Which of the following distinguishes home trade from foreign trade? ...
A private company's ability to raise capital is limited because ...
Which of the following will be suitable for hire purchase sale? ...
Which of the following is not an advantage of advertising? It ...