Examlex
Which of the following is true of the accept-reject approach?
Consideration
Something of value exchanged between parties in a contract, required for the agreement to be legally binding.
Legally Sufficient Consideration
An element of contract law that requires something of value to be exchanged between the parties involved.
Consideration
Something of value (such as money, services, or goods) that is exchanged between parties in a contract, rendering the agreement legally binding.
Legally Sufficient Consideration
In contract law, it refers to something of value that is exchanged between the parties, supporting a binding agreement.
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