Question

________ the value (such as cash) given in return for a promise (in a bilateral contract) or in return for a performance (in a unilateral contract).

Often, it is broken down into two parts:
1. something of legally sufficient value must be given in exchange for the promise, and
2. there must be a bargained-for exchange.

Answer 1

The correct answer is consideration.

Step-by-step explanation:

In securities or credit securities, the acquisition or settlement value at any given time, calculated at an exchange rate or with a premium or discount on the nominal value. Both can coincide if the change is 100% or there is neither a premium nor a discount.

The concept of effective value is not absolute, as it depends on what cost factors are estimated. Thus, for the calculation of the equivalent annual rate, only interest and commissions accrued for the credit operation are deducted from the nominal value, but not for other services annexed to it, as is the case with the minimum charge for discounting the discounted effects . However, the cash of an operation that may be of interest to the holder of the transaction will normally be determined by considering all kinds of concepts that reduce the nominal value.