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In Consideration of the Sum of $ , Hereby Waives and Releases His or Form

In Consideration of the Sum of $ , Hereby Waives and Releases His or Form

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something for something or put in another way quid pro quo that principle summarizes everything you need to know about the price of getting into a contract in short consideration let's say your car has gearbox issues okay and so you contract rather you contact this mechanic and they tell you that it's going to cost you 700 to fix it you know what you're going to lose right what exactly is the mechanic losing they have to put in effort in fixing the gearbox issue and that could even mean a new gearbox that is the price they pay for that contract because the ration can be defined as a medium of exchange between parties which represents the value of a good or service consideration is the price you pay in order for you to get into a contract and everybody pays a price in order for them to get into contract any contract okay there's always going to be something you're losing in order for you to get into that contract otherwise the contract becomes voi

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