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For example, if you went into a store to buy a computer for $500 then the computer is consideration from the store and the $500 is consideration from you.

Consideration simply means something of value given by each party to a contract and there must be consideration on both sides for the contract to be valid.

If the store promised to give you a free computer and later changed their mind, you could not hold them to the contract because you did not offer them anything of value - there was no consideration from your side.

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