Examlex
The action Bob has against Betty for defamation involves which of the following?
Bargained-for Exchange
An element of a contract where both parties exchange something of value.
Stock Exchange
A marketplace where securities, such as stocks and bonds, are bought and sold.
Consideration
In contract law, it refers to something of value exchanged between parties as part of an agreement.
Legally Sufficient Value
A value, consideration, or benefit that is recognized by law as adequate to support a binding contract.
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