(a) Consideration can be defined as “something of value in the eye’s of the

Question: (a) Consideration can be defined as “something of value in the eye’s of the law”, but consideration is not a critical factor factor to any contractual obligations and as such, it has to be ignored in any contract. Critically discuss this statement, with the following requirements; 1. Five (5) applicable case laws on the subject matter. 2. State clearly • Thebusiness Law Show transcribed image textConsideration means something of value that has been bought by the other. A benefit given to a decision maker added by one party to replace the appointment with another The value of the term may…View the full answerTranscribed image text: (a) Consideration can be defined as “something of value in the eye’s of the law”, but consideration is not a critical factor factor to any contractual obligations and as such, it has to be ignored in any contract. Critically discuss this statement, with the following requirements; 1. Five (5) applicable case laws on the subject matter. 2. State clearly • The issue • Basic facts of the Cases The Judgement