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UT · jury_instructions

MUJI 2d CV2107

Consideration.

activein force · 2026-08-21 – presentas-observed

To create a contract, each party must promise to do something for the other party in exchange for something of value. This is called "consideration." It can be a promise to do some act in exchange for the other party's act. "Value" doesn't necessarily have to be money, but it can be.

If you find that either party did not agree to give something of value in exchange for the other party's promise to perform [his] obligations under the contract, then there is no contract.

Provenance

Source
legacy.utcourts.gov
Retrieved
2026-08-22
Edition
2026-08-21
Content hash
c005744fafe9c7535abf3477db6e94c5a93a633dbef875397ec029f02c7b87fa
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