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Question
bob and suzie are both signing a contract where bob agrees to remove a beehive and suzie agrees to pay bob $120.00. what is the consideration in this example?
a. beehive removal
b. payment of $120.00
c. both the removal of a beehive and the payment of $120.00
d. neither the beehive removal nor the payment of $120.00
please select the best answer from the choices provided
a
b
c
d
In a contract, consideration refers to what each party gives or promises. Bob promises beehive removal, Suzie promises $120 payment. So both actions are consideration.
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c. both the removal of a beehive and the payment of $120.00