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Sunday, 13 October 2019
Agent Resource Center

In a bilateral contract, the promise given in return for an offered promise is called:

Posted On Sunday, 15 September 2019 05:00

(A) Partial performance
(B) Consideration
(C) Mutual obligation
(D) Acceptance

 

Answer:  (B) Consideration may be in the form of money or its equivalent, property, or a promise.

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