Explain the concept of bargained-for exchange. Is this element present with past consideration or third-party beneficiaries? Explain.

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Smith and Roberson Business Law

ISBN: 978-0538473637

15th Edition

Authors: Richard A. Mann, Barry S. Roberts

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Question Posted: Oct 08, 2022 07:24 AM

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Explain the concept of bargained-for exchange. Is this element present with past consideration or third-party beneficiaries? Explain.

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Bargainedfor exchange is present when both parties to a contract have each received something of val...View the full answer

Smith and Roberson Business Law

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