Question
Consideration; a. Must be the same value as the contract b. Requires formal legal approval from a judge or arbiter c. Need not be adequate
Consideration;
a.
Must be the same value as the contract
b.
Requires formal legal approval from a judge or arbiter
c.
Need not be adequate to be valid
d.
Requires written evidence of its existence
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Business Law in Canada
Authors: Richard A. Yates, Teresa Bereznicki Korol, Trevor Clarke
11th Canadian edition
134312112, 133847136, 978-0134312118, 978-0133847130
