🤝 What Is CONSIDERATION In Contracts? | A Lawyer Explains!

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  • Опубликовано: 25 май 2024
  • Welcome to our latest video, "What Is Consideration In Contracts? A Lawyer Explains!"
    In this educational piece, we demystify a fundamental element in contract law - the concept of consideration. From defining what 'consideration' means to illustrating its importance in making a contract legally enforceable, this video is packed with useful information.
    Throughout this video, we:
    ✔️ Define 'consideration' in the context of contract law.
    ✔️ Discuss the principle of 'bargain for exchange'.
    ✔️ Share intriguing real-life examples of contractual agreements.
    ✔️ Analyze critical case studies that have shaped the concept of consideration.
    Whether you're a law enthusiast, law student, or a professional looking to refresh your knowledge, this video is perfect for you!
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    Timestamps:
    00:00 Introduction
    00:10 Legal Benefit and Legal Detriment
    00:30 Consideration Required
    00:40 Valuable Consideration
    01:31 Courts Will Not Determine Value
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    #law #lawyer #contractlaw #consideration #lawfirm
    DISCLAIMER: This video is for educational purposes only and should not be considered legal advice. Please consult a professional attorney for specific cases and questions.

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