The correct choice would be True.
Explanation:
The ans itself is in the question 'unification'. During the unification from chiefdom to kingdom the cooperation and collaboration emotion was developed after the built of Nation and Nationality.
A valid contract must have consideration, which calls for both parties to receive something of value and give up something of value. Therefore, <u>consideration </u>is the correct answer.
<h3>Why is consideration an important element of a contract?</h3>
A contract's consideration clause explains why each party is participating in the agreement, making it one of the most crucial elements.
Consideration can be the exchange of goods or services for cash, as well as the trading of one kind of good for another. The parties must exchange something of value in order to make a contract that is enforceable in court.
"Consideration" is the name given to this variable. One of the three essential elements needed to create a contract is a consideration.
Consideration is sometimes described as the fee charged by one party in exchange for a promise made by the other. Only when all parties are involved in an agreement binding in court.
Only when both parties are required to provide something and receive something is an agreement considered legally enforceable.
Therefore, consideration is one of the most crucial components of a legal contract.
Check out the link below to learn more about contract consideration;
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Answer:
Monetary policy
Explanation:
Monetary policy- it is referred to that economic policy that mainly concerned with money supply in the country. it is controlled by the central bank and takes care of inflation, growth etc.
Monetary policy cuts off the interest rate to increase the money supply. The purpose behind inducing monetary policy is to maintained stability in the economic condition of the state or to minimize the inflation or fluctuations.