☩ SOTERIAN GLOSSARY ☩

Living Language Lexicon of the Soteria Covenant

Consideration (Ultimate)

Something of value exchanged — the price of a promise. Without consideration, a promise is a gift and generally unenforceable. The bargained-for exchange.

Category: Contract Law · Source: Black's Law Dictionary
0 terms published 0 awaiting endorsement
Propose a New Term

Submit a term for the community. Two endorsements from other members will publish it.

Per page: