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In order to form a legally binding contract it is necessary that both parties provide valuable consideration.

Is the provision by a user on this (or other Stack Exchange sites) of a question, answer or comment "valuable consideration" sufficient to form a contract?

Dale M
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1 Answers1

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Yes. There's no requirement that the consideration be objectively valuable, as there's no real standard for value; as long as there is some consideration, it can be offered for a contract.

The peppercorn rule states that nominal consideration is sufficient to constitute consideration for the purposes of establishing a contract. Even if later, we decide that the comments or posts are no longer desired, it does not cease to be good consideration.

jimsug
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