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Q: What types of contracts do not need consideration between both parties?
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Does consideration have to be exchanged by both parties when a contract is made?

Not necessarily. Sometimes in a contract for sale or purchase, a down payment is accepted as "consideration," but other types of contracts do not require any such offering.


What are the types of consideration?

http://www.lawyer-locater.com/Business/Contracts/125/


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There are several different types of contracts available from AT&T for a Blackberry. AT&T offers yearly contracts for a Blackberry, as well as monthly.


How many types of business contracts are there?

18


Are contracts invalid if not signed or written?

In general, contracts do not need to be signed to be valid, but a written contract is typically required for certain types of agreements like real estate transactions or contracts lasting longer than one year. Oral contracts can be legally binding as long as all other elements of a contract are present. However, having a signed, written contract helps provide clarity and evidence of the agreement reached by the parties involved.


What types of contracts are there for dancers?

There are different kinds wherever you decide to go. Some places have paid trainee contracts. There are also apprentice contracts and half/full season company contracts.


What are the two types of contracts?

Concentric and eccentric movements.


Explain the different type of consideration in law?

Consideration in law refers to something of value exchanged between parties to a contract. There are two types: executory consideration, where promises are exchanged and not yet fulfilled, and executed consideration, where the consideration has already been performed. Executory consideration is a promise to do something in the future, while executed consideration is a completed act or performance.


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Interest must be charged on which one what types of contracts with Advance Payments?

FAR 32.407(c) Interest shall be required on contracts that are for acquisition, at cost, of property for Government ownership, if the contracts are awarded in combination with, or in contemplation of, supply contracts or subcontracts.


Types of political parties?

Political parties usually have their basis in shared political ideologies and objectives. In the United States the two major political parties are the Republican and Democrat parties.


Which of those celebrations do you attend regularly?

There are a number of different celebration types that people attend regularly. These include birthday parties, anniversary parties, and pool parties.