Use the information below to answer this question. Aisha sold her wristwatch to Halima for ₦2,000.00 and she paid. The sum of ₦2,000.00 is the

Consideration is what you give in exchange for something in a contract. It is the price paid.

Every valid contract needs consideration from both sides. Halima gives money, Aisha gives the watch.

Without consideration, there is no valid contract under law.