The reward received by a party in a contract agreement is known as? by Sunday | Mar 17 | Commerce WAEC | 0 comments A. consideration B. acceptance C. offer D. warranty Correct Answer: Option A A. consideration Users Also Read These:The process whereby a cheque received by one person…An agreement between two parties which will give…An agreement made by partners to regulate and govern…A trade agreement in which two countries exchange…An opportunity to reject a binding contract at will…