The Fact That the Word Consideration Is Used in an Agreement

question 38

True/False

The fact that the word consideration is used in an agreement means, by itself, that consideration has been given.

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Definitions:

Medical Bills

Charges incurred for receiving medical treatment, services, or supplies from healthcare providers, often leading to debt if not covered by insurance or paid out of pocket.

Oral Order

An order given verbally rather than in written form, which may be legally binding in certain contexts.

Enforceable

Capable of being executed or imposed as per the law or through legal action.

Signature Line

The designated place on a document where an individual’s signature is required, signifying agreement, consent, or acknowledgment.