QuestionMay 9, 2025

Quentin questions whether there is consideration for his contract with Rainey to exchange his performance with the Symphonic Saxophone Sextet for her payment of a certain amount.To constitute consideration there must be a payment. a performance. a bargained-for exchange. serious thought underlying each party's intent to contract.

Quentin questions whether there is consideration for his contract with Rainey to exchange his performance with the Symphonic Saxophone Sextet for her payment of a certain amount.To constitute consideration there must be a payment. a performance. a bargained-for exchange. serious thought underlying each party's intent to contract.
Quentin questions whether there is consideration for his contract with Rainey to exchange his performance with the
Symphonic Saxophone Sextet for her payment of a certain amount.To constitute consideration there must be
a payment.
a performance.
a bargained-for exchange.
serious thought underlying each party's intent to contract.

Solution
4.2(277 votes)

Answer

c. a bargained-for exchange. Explanation Consideration in a contract requires a bargained-for exchange, meaning both parties must provide something of value. This can be either a performance or payment but fundamentally revolves around the mutual agreement to exchange these elements.

Explanation

Consideration in a contract requires a bargained-for exchange, meaning both parties must provide something of value. This can be either a performance or payment but fundamentally revolves around the mutual agreement to exchange these elements.
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