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8:32
Study.com
Consideration in Contract Law | Overview & Elements
Learn about consideration in contract law, including the legal definition of consideration. Explore exchange, elements, and sufficiency of consideration in contract law. Read about a real-life case related to consideration in contract law.
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May 7, 2013
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One interview question that exposes 90% of candidates… ‘What is consideration in a contract? If you’ve ever struggled to answer basic contract law questions during interviews, especially topics like consideration, enforceability, value exchange, promisor vs promisee, or even when to avoid terms like quid pro quo, this clip is exactly what you need. In this interview, a simple question “What is consideration in a contract?” turned into a complete learning moment. The candidate started with a text
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