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;
brainly.com/question/17179342
#SPJ4
I will work on this! I need to do some research. 5 paragraphs?
<span>Moral reasoning</span>
Moral reasoning is individual or collective practical
reasoning about what, morally, one ought to do. It involves recognizing moral
considerations and coping with conflicts among them and about how to act in
order to resolve these dilemmas so as to make an ethical decision.
Land Features- The land is surrounded by water, making trade easy.
Water Features- Clean springs, rivers, and lakes fill up Costa Rica, making it a beautiful place to tour, thus bringing in more deals for trade.
Natural Resources- Minerals are big in Costa Rica, along with Copper.
Industries- Real estate, Tourism, agriculture, manufacturing, and service industries.
Answer:
Say NO to ALL of them.
Explanation:
Decline the offer of a cigarette but sit them down and explain that cigarettes will slowly kill them and that you don't want them to die because they are one of your closest friends.
Call the cops on the party for underage consumption of alcohol.
Report the student for handling marijuana, especially since in a lot of places it's still illegal.
Eventually stage an intervention for your drug addict friend, or at least call her some help if all else fails.