What is past consideration?

What is past consideration? This video introduces the meaning of past consideration, which is not considered legally sufficient consideration to form a contract.  The video distinguishes between consideration, where something of value is provided to induce a promise, and past consideration.
For those of you who requested a version without music: What is past consideration? (No Music)

• #education
• #consideration
• #contract_law
• #united_states_law
• #past_consideration
• #uslawessentials