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M221 : Business Law

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Question:

At page 199, your textbook states: "As a general rule, an agreement without consideration will not be an enforceable contract, because consideration is so important as the binding element within a contractual relationship." Research and explain why this is so. In so doing, define and discuss the concept of consideration, including within your discussion the distinction between adequacy of consideration and sufficiency of consideration."

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My Assignment Help (2020) Business Law [Online]. Available from: https://myassignmenthelp.com/free-samples/m221-business-law/parties-are-required-for-a-valid-contract.html
[Accessed 31 July 2021].

My Assignment Help. 'Business Law' (My Assignment Help, 2020) <https://myassignmenthelp.com/free-samples/m221-business-law/parties-are-required-for-a-valid-contract.html> accessed 31 July 2021.

My Assignment Help. Business Law [Internet]. My Assignment Help. 2020 [cited 31 July 2021]. Available from: https://myassignmenthelp.com/free-samples/m221-business-law/parties-are-required-for-a-valid-contract.html.


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