What is the legal definition of consideration in the law of, Operation Management

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What is the legal definition of consideration in the law of

What is the legal definition of consideration in the law of contracts? In the normal contract, is it necessary that both parties to a contract provide consideration to the other? Must consideration exchanged in a contract be fair in order for the contract to be binding?

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Operation Management: What is the legal definition of consideration in the law of

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Operation Management: What is the legal definition of consideration in the law of

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