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Mark, who recently won a lottery, tells Sean that he will split his lottery winnings with him if Sean can arrange Mark's interview with his boss. Sean talks to his boss and the meeting is arranged. But
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Mark, who recently won a lottery, tells Sean that he will split his lottery winnings with him if Sean can arrange Mark's interview with his boss. Sean talks to his boss and the meeting is arranged. But when Sean goes to collect half of Mark's lottery winnings, Mark refuses to pay. What is the act of consideration in this scenario?

User NotMyName
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4 votes

Answer:

Sean arranging the interview with his boss

Step-by-step explanation:

Consideration in contract law refers to something of value or a benefit that is exchanged between parties involved in a contract. It is something that party A gives to party B in exchange for another consideration.

Consideration is the main reason why a contract exists.

Sean arranged the interview in exchange for Mark sharing his pottery prize.

User Amadan
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