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OpenStudy (odom1_):
In a contract, what is consideration ?
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OpenStudy (bugman954):
Consideration is something of value going to one party. In general, a contract is not enforceable without consideration going to both sides. Example: in an employment contract the employer gets a work and the employee gets money and hopefully benefits. A contract to buy a car the buyer gets a car and the seller gets money and possibly a trade-in.
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