Basis for Enforcing Promises Consideration as a Basis for Enforcement Fundamentals of considerationSeptember 17th, 2020
FiledSeptember 17th, 2020Consideration: 1. something of value (such as an act, forbearance, or a return promise) received by a promisor from a promise; 2. consideration, or a substitute such as promissory estoppels, is necessary for an agreement to be enforceable