Yes, payment isnât necessary, itâs just that consideration is payment 99% of the time for the average Joe, to the point where the first definition of consideration is âpayment or moneyâ but there are certainly contracts out there where it isnât money.
Siddhartha-Aurelius@kbin.social â¨11⊠â¨months⊠ago
Youâre right. I only wanted to include the search term for anyone wanting to pursue this on their own. I think it is better to search the proper term and build knowledge from there than to summarize it and hope laymen understand the underlying principles.