Consideration Is the Value Given in Return for a Promise

question 10

True/False

Consideration is the value given in return for a promise or performance in a contractual agreement.

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Definitions:

Middle Term

In a syllogism, the term that appears in both premises but not in the conclusion, used to connect the other two terms of the argument.

Major Term

Refers to the predicate of the conclusion in a categorical syllogism, which is a key component in deductive reasoning.

Middle Term

In syllogistic logic, the term that appears in both premises but not in the conclusion, serving as a link between the major and minor terms.

Major Premise

The first statement in a syllogism, providing a general statement or condition for the argument.