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Home > Law > Law glossary > Law glossary
executed consideration
Last modified: Thu Feb 23 16:37:37 2006
Consideration (see: Consideration) in a contract which has been
completed. For example, if A offers B £10,000 to build A a house,
and B builds the house, his consideration is executed, that is, complete.
He can then hold A to his promise to pay (see: ExecutoryConsideration).
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