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11.1: Introduction

  • Page ID
    19168
    • Anonymous
    • LibreTexts
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    LEARNING OBJECTIVES

    After reading this chapter, you should understand the following:

    1. What “consideration” is in contract law, what it is not, and what purposes it serves
    2. How the sufficiency of consideration is determined
    3. In what common situations an understanding of consideration is important
    4. What promises are enforceable without consideration

    11.1: Introduction is shared under a CC BY-NC-SA 3.0 license and was authored, remixed, and/or curated by Anonymous via source content that was edited to conform to the style and standards of the LibreTexts platform; a detailed edit history is available upon request.