Examlex
Which of the following is the best category prototype of a mammal?
Consideration
The value (such as money, a service, or a promise) that is exchanged between parties in a contract.
Unilateral Contract
A promise exchanged for an act.
Nominal Consideration
A token amount in a contract to indicate that a deal has been agreed upon, even if the sum is not reflective of the contract's true value.
Love And Affection
Love and Affection, in legal terms, sometimes appears as a form of consideration in personal contracts, though it is not typically recognized as a valid form of consideration in commercial contracts.
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