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15 September, 06:15

You agree to sell your car to your neighbor for $5,000. you and your neighbor have provided each other:

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  1. 15 September, 06:35
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    This type of agreement would be called a consideration. This is an agreement that provides a type of value to both parties involved and promises a certain performance by one party to the other. In this case, one thing is given for another, the money for the car.
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