In a contract of sale, the amount deposited with the seller for a particular product...
COMMERCE
WAEC 2023
In a contract of sale, the amount deposited with the seller for a particular product by a buyer is
- A. consideration
- B. warranty
- C. counter offer
- D. acceptance
Correct Answer: A. consideration
Explanation
Consideration is a legal term used to describe the benefit each party to a contract receives. This is often payment in exchange for goods or services.
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