Chapter 7 – Consideration

Learning Objectives

After studying this chapter, you should be able to:

  1. Define consideration.
  2. Describe the requirements of consideration.
  3. Explain why some attempts to contract lack consideration.
  4. Identify exceptions to the requirement of consideration.

This chapter covers:

7.1 General Perspectives on Consideration

7.2 Requirements of Consideration

7.3 Promises Enforceable without Consideration

Chapter 7 Exercises and References

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