Why is consideration required in a contract. What if one party doesn't require consideration. Why require it?

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Smith and Roberson Business Law

ISBN: 978-0538473637

15th Edition

Authors: Richard A. Mann, Barry S. Roberts

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Posted Date: Oct 25, 2023 12:58 AM

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Why is consideration required in a contract. What if one party doesn't require consideration. Why require it?

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Consideration is a fundamental element in the formation of a legally binding contract It serves several important purposes and is required for the con... View the full answer

Smith and Roberson Business Law

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