Ostroff, Fair and Company
*Ostroff, Fair and Company>>>Small Business

Describe 'Doctorine of Considaration'.?


Describe 'Doctorine of Considaration'.?

it is a basic doctrine of contract and tort law....

Consideration must be given to make a contract enforceable.

An example::

In consideration for the sum of $1000US, my company agrees to purchase all its widgets from your company....
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