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    HI6027 Corporations Law Assignment Help

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    HI6027 Corporations Law Assignment Help


    Consideration is considered as a price that is demanded by the promiser from the promisee in exchange of either a thing or promise. Consideration can be in the form of money, promise or kind that are agreed to exchange while entering into an agreement. For any agreement to be enforceable agreement, it is must to have consideration where both the parties are required to present what price has been paid for the promise (Paterson, Robertson & Duke, 2009). As per Contract Law, consideration is among the six elements that must exist to make an agreement enforceable.

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