Question

Bob and Suzie are both signing a contract where Bob agrees to remove a beehive and Suzie agrees to pay Bob $120.00. What is the consideration in this example?

a.
beehive removal
b.
payment of $120.00
c.
both the removal of a beehive and the payment of $120.00
d.
neither the beehive removal nor the payment of $120.00

Answer 1

C., Both the removal of the beehive by Bob and Suzie's payment of $120

Answer 2

Answer: Option 'C' is correct.

Explanation:

Consideration means fee or payment i.e. monetary value and benefits voluntarily exchanged for an act.

Since we have given that Both signing a contract where agrees to remove a beehive and Suzie agrees to pay Bob $120.

That means both the person contribute for the removal of beehive.

Hence, Both the removal of a beehive and the payments of $120.0 are considerations in this example.

Therefore, Option 'C' is correct.