Define consideration and give examples of each element

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1. Consideration is a key requirement of all contracts. Define consideration and give examples of each element.

2. If a party breaches a contract, what remedy does the non-breaching party have?

3. What is a breach of contract?

4. Explain why the statement “I offer to sell my car” is not a legal offer.

5. A company fired Johnny because he posted on Facebook that he was gay. Does Johnny have any legal recourse against the company based on federal anti-discrimination laws?

Reference no: EM131129301

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