Examlex
XFormation is a company that develops and delivers custom trainings for products, procedures, and change at companies. XFormation developers have extensive knowledge of adult learning theory, and the trainers are dynamic, engaged teachers.
-Which of the following is an example of a relationship strategy salespeople for XFormation could use?
Consideration
Something of value (such as money, services, or goods) exchanged between parties in a contract.
Legally Sufficient Value
Refers to the consideration in a contract that is recognized by law as adequate to support a legal obligation or agreement.
Preexisting Duty
An obligation that one party is already legally required to perform and cannot be used as consideration for a new contract.
Consideration
In contract law, consideration refers to something of value exchanged between parties as part of an agreement.
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