Consideration is required in every contract. it is what a person will receive in return for performing a contract obligation. suppose dan agrees to purchase marty's car for $1,000. dan's payment of $1,000 is the consideration marty will receive for the car. title to and possession of the car are the consideration dan will receive in exchange. consideration can be anything, as long as it is the product of a bargained-for exchange. in a business context, it is often (but not always) money.

Acolleague from the plant in germany has arrived at the chicago plant to share insights on a recent product line changeover implemented in germany. this changeover has saved thousands of euros at the german facility, but jim does not think it will work in the united states. jim feels that there is a completely different attitude towards work and innovation in the u. s., and in fact, thinks the german facility is technologically behind his plant. additionally, the colleague often mispronounces words when he speaks english, and doesn't dress appropriately for the u. s. office. he showed up to work on the plant floor in a formal suit and tie, with dress shoes that had a slippery sole. however, the colleague is a guest, and it is important that jim pretends to be interested. identify the listening barriers. check all that apply. thought speed grandstanding faking attention nonverbal distractions psychological barriers