JAMB Commerce 2021 Objective — Question 17
Question 17 of 40 from the Joint Admissions and Matriculation Board (JAMB) Commerce 2021 Objective paper, with the correct answer and a full explanation.
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17. Consideration in law of contract means a. Pity b. Decision c. Price d. None of the above
- A. Pity
- B. Decision
- C. PriceCorrect
- D. None of the above
Explanation
In law of contract, consideration is the price/value which one of the parties to the contract is willing to offer in exchange for something of value.
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