🤝 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.