This paper circulates around the core theme of Consideration Discuss the following scenario together with its essential aspects. It has been reviewed and purchased by the majority of students thus, this paper is rated 4.8 out of 5 points by the students. In addition to this, the price of this paper commences from £ 79. To get this paper written from the scratch, order this assignment now. 100% confidential, 100% plagiarism-free.
1: ConsiderationDiscuss the following scenario with your classmates:Julie offers to sell a bracelet to Rita for $10. Rita accepts this offer by giving $10 to Julie, and Julie gives the bracelet to Rita. Rita then brings the bracelet to a collector, who informs her that the bracelet, because of the place where it was made, is worth $200.Is this a valid contract? Review the elements of a valid contract, which have been discussed thus far in this course, as you respond to this question.Define consideration and explain why you are of the opinion that there is or is not consideration present in this factual scenario.