Answer:
Hey you shouldn’t waste your points like that because it is hard to make points you know. Next time please write a proper question which you don’t understand.
Hope this helps you!
Answer:
In this case, as in Vicksburg Partners, “since the arbitration clause is a part of a contract (the nursing home admissions agreement) evidencing in the aggregate economic activity affecting interstate commerce, the Federal Arbitration Act is applicable․
Answer:
In contract law, the term consideration refers to the serious thought that underlies a party's intent to enter into a contract. To be legally sufficient, consideration must be evidenced by something tangible. The element of bargained-for exchange distinguishes contracts from gifts.
