Home » Commerce » In every simple contract, the price which is paid to purchase a promise is calledIn every simple contract, the price which is paid to purchase a promise is called In every simple contract, the price which is paid to purchase a promise is called A. offeree B. acceptance C. consideration D. representation Correct Answer: Option C Explanation Related Posts A common legal association which exists when one party, known as the principal authorizes another… Which shares are sold Ex-div it means that the? A business organization must always consider the overall effect of its actions on the Distinguish between the following pairs of terms used in insurance When an order cheque is endorsed it becomes? From the data above, calculate the rate of turnover?