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Business Law, Contract Law Question: Consideration, in contract terms, refers to a party's competency to enter into a contract. {True or False} Book says that

Business Law, Contract Law

Question:

Consideration, in contract terms, refers to a party's competency to enter into a contract. {True or False}

Book says that Consideration is the value given in return for a promise which would seem to make this false since it talks about value instead of competency.

However, someone else at Course Hero said it is True.

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