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:An opportunity to reject a binding contract at will…The process whereby a cheque received by one person…An agreement to deliver goods in the future after…Cash discount received is shown in the i. cash ii.…Musa entered into a contract to supply two cows to…