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11.1: Chapter Summary

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  • Page ID
    21963

    • 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

    This page titled 11.1: Chapter Summary 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 the style and standards of the LibreTexts platform; a detailed edit history is available upon request.