this post was submitted on 03 Mar 2025
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[–] [email protected] -1 points 12 hours ago

Consideration does not have to just mean monetary payment

Your statement implies there are other forms of payment than monetary.

Firstly, “consideration” in this context means payment.

My statement did not state monetary payments only, just payment generally. I clarified 2 sentences later with "in exchange for a payment (money or otherwise)". The point I'm making is that "consideration" is a payment in return for something else, and that payment can either be money or any other valuable item or service.