Ola presented his motor-cycle for sale to Musa at a cost of #8,000. Musa agreed and bought the vehicle at the same amount. The #8,000 for the sale is

Answer Details

The #8,000 for the sale is a consideration. Consideration is the value or benefit that each party to a contract gives to the other. In this scenario, Ola offered to sell his motor-cycle to Musa for #8,000, and Musa agreed to pay the same amount. The payment of #8,000 by Musa is the consideration for the sale of the motor-cycle by Ola.