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Why Is the Benefit of Something Measured by What You

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Why is the benefit of something measured by what you are willing to give up?


Definitions:

Consideration

Something of value exchanged between parties in a contract, required for the contract to be legally binding.

Contract Modification

Any change or alteration made to the terms of a contract, agreed upon by all parties involved.

Price Change

The fluctuation in the selling price of goods or services over a period of time.

Moral Obligation

A duty or commitment that is not legally enforceable but is dictated by personal ethics or social norms.

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