This site is a developmental version of Wiki Law School. To go to the production site: www.wikilawschool.org
Information for "Contracts/Consideration"
From wikilawschool.net. Wiki Law School does not provide legal advice. For educational purposes only.
Display title | Contracts/Consideration |
Default sort key | Contracts/Consideration |
Page length (in bytes) | 8,629 |
Page ID | 20886 |
Page content language | en - English |
Page content model | wikitext |
Indexing by robots | Allowed |
Number of redirects to this page | 1 |
Counted as a content page | Yes |
Number of subpages of this page | 0 (0 redirects; 0 non-redirects) |
Edit | Allow all users (infinite) |
Move | Allow all users (infinite) |
View the protection log for this page.
Page creator | en>Jachin |
Date of page creation | 03:39, April 16, 2007 |
Latest editor | Lost Student (talk | contribs) |
Date of latest edit | 03:25, August 26, 2020 |
Total number of edits | 393 |
Total number of distinct authors | 244 |
Recent number of edits (within past 90 days) | 0 |
Recent number of distinct authors | 0 |
Transcluded templates (9) | Templates used on this page:
|
Description | Content |
Article description: (description ) This attribute controls the content of the description and og:description elements. | Consideration is the central concept in the common law of contracts and is required, in most cases, for a contract to be enforceable. Consideration is the price one pays for another's promise. It can take a number of forms: money, property, a promise, the doing of an act, or even refraining from doing an act. In broad terms, if one agrees to do something he was not otherwise legally obligated to do, it may be said that he has given consideration. For example, Jack agrees to sell his car to Jill for $100. Jill's payment of $100 (or her promise to do so) is the consideration for Jack's promise to give Jill the car, and Jack's promise to give Jill the car is consideration for Jill's payment of $100. |
Information from
Extension:WikiSEO