For the requirement of consideration to be satisfied, at least one of the parties must have performed what they promised.

Name: For the requirement of consideration to be satisfied, at least one of the parties must have performed what they promised.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Consideration requires that something of value be promised or exchanged by both parties, but it does not require that either party has already performed what they promised. It can be a promise to do something in the future or the exchange of promises.

For the Requirement of Consideration to Be Satisfied, at Least