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The reward received by a party in a contract agreement is known as

The reward received by a party in a contract agreement is known as
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Consideration
  • B Acceptance
  • C Offer
  • D Warranty
Correct Answer: Option A
Explanation:
Consideration is a vital element in the law of contracts, consideration is a benefit which must be bargained for between the parties, and is the essential reason for a party entering into a contract. payment or money.

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