Questions: In a contract, what is consideration? A. Exchanging things of value B. Breaching the contract C. A business tort D. The minimum age for the contract

The answer is A

Consideration in a contract refers to something of value that is exchanged between the parties involved. It is a fundamental element of a valid contract, ensuring that each party is offering something of value in return for something else. This could be money, services, goods, or a promise to act or refrain from acting in a certain way.

Breaching the contract refers to the failure to perform any term of a contract, written or oral, without a legitimate legal excuse. This is not related to the concept of consideration.

A business tort is a wrongful act or infringement of a right leading to civil legal liability in a business context. It is not related to the concept of consideration in contract law.

The minimum age for entering into a contract is related to the capacity to contract, not consideration. Capacity refers to the legal ability of a person to enter into a binding contract, which often includes being of a certain age.