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Web Conferencing Allows Users to

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Web conferencing allows users to


Definitions:

Legally Sufficient Consideration

In contract law, it refers to something of value that is exchanged between the parties, supporting a binding agreement.

Forbearance

The act of refraining from exercising a legal right; an agreement between a lender and a borrower in which the lender agrees to temporarily cease requiring mortgage payments, to delay foreclosure, or to accept smaller payments than previously scheduled.

Discount

A reduction from the usual cost of something, often applied to encourage buyers.

Preexisting Duty

An obligation that one is already legally bound to perform, which cannot serve as consideration for a new contract.

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