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In a law of contract what is given in exchange ... - JAMB Commerce 2019 Question

In a law of contract, what is given in exchange for a promise to perform is_____

A

offer

B

acceptance

C

warranty

D

consideration

correct option: d

Consideration is a benefit which must be bargained for between the parties and is the essential reason for a party entering into a contract. Consideration is one of the valid element of a contract.

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