Respuesta :

In contrast with a contract or agreement, there is no requirement for consideration to pass for a deed to be legally binding.

The difference:

According to the basics of contract law, there must be:

  • Offer and acceptance,
  • a desire to be legally bound, and
  • payment are all requirements for a promise to be enforceable.
  • Consideration is necessary because it demonstrates that the parties have "purchased" the promise by performing an act or giving something in exchange for it.

In contrast to a contract or agreement, a deed does not need to be accepted in order to be enforceable. Due to the notion that a deed is the most solemn statement to the society that the parties to a deed desire to be bound, consideration is not necessary for a deed to be enforceable.

To view more about Deeds, refer to:

https://brainly.com/question/12981692

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