Examlex
Which rating error refers to a person forming a favorable impression based on one central trait and then extending this impression to all of the person's characteristics?
Consideration
In contract law, this is something of value that is exchanged between parties entering into a contract, essential for the agreement to be legally binding.
Gratuitous Promises
Promises made without expecting anything in return, often lacking legal enforceability unless supported by formalities like a deed.
Consideration
Something of value exchanged between parties in a contract, which is necessary for the agreement to be legally binding.
Legal Consideration
A value promised to another party in a contract as an inducement to enter into the contract, which must be present for the contract to be legally binding.
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