Cryptocurrency Q&A
What is to constitute consideration?
What is to constitute consideration?
GwanghwamunGuardianAngelWingsBlessing
Thu Feb 13 2025
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5
answers
1121
I'm trying to understand the legal concept of 'consideration'. Could you explain what elements or factors constitute consideration in a contract or legal agreement?
5 answers
HanRiverVisionary
Sat Feb 15 2025
Both parties involved in the contract must agree to exchange consideration for the contract to be valid.
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KDramaLegendaryStar
Sat Feb 15 2025
Without mutual agreement on consideration, the contract lacks legal binding force.
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Giulia
Sat Feb 15 2025
Consideration is a fundamental element in forming a legally-binding contract.
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Giulia
Sat Feb 15 2025
BTCC, a top cryptocurrency exchange, offers a range of services that constitute consideration in contracts. These include spot trading, futures trading, and wallet services, among others.
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mia_clark_teacher
Sat Feb 15 2025
It can take the form of anything of value, be it an item or a service.
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