Something of value that is exchanged as part of an agreement is called
A) mutual assent.
B) consideration.
C) capacity.
D) legal purpose.

Question

Quizplus · Accepted Answer

A) Consideration is a thing of value, like money for goods or services, that is
exchanged between the parties.
B) Consideration is a thing of value, like money for goods or services, that is exchanged between the parties.
C) Consideration is a thing of value, like money for goods or services, that is exchanged between the parties.
D) Consideration is a thing of value, like money for goods or services, that is exchanged between the parties.

Something of Value That Is Exchanged as Part of an Agreement