Quid pro quo: Difference between revisions
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Latin phrase that means 'what for what or something for something'. The concept of getting something of value in return for giving something of value. For example for a contract to be binding, it usually must involve the exchange of something of value. | Latin phrase that means 'what for what or something for something'. | ||
The concept of getting something of value in return for giving something of value. | |||
For example for a contract to be binding, it usually must involve the exchange of something of value. | |||
== See also == | == See also == | ||
* [[Consideration]] | * [[Consideration]] | ||
Revision as of 15:39, 20 August 2013
Latin phrase that means 'what for what or something for something'.
The concept of getting something of value in return for giving something of value.
For example for a contract to be binding, it usually must involve the exchange of something of value.
