12 ( 1st April) Define "consideration" in relation to the Law of Contract. Are there any exceptions to the general rule that an agreement without consideration is void? QUESTION 28 (1st April) "When a contract is negotiated by telephone, telex or other forms of instantaneous means of communication, the contract is not complete until the acceptance is actually received by the proposer.' Critically discuss this statement with reference to Contracts Act 1950 and decided cases