Renew Registration. Illinois Registration Renewal. Illinois requires that vehicle owners renew their registration each year. While the process may be an inconvenience, 4DMV.com ensures that you have all the information you need to know to make it the easiest and most convenient process saving you time and energy.
Quid pro quo, or the exchange of valuable consideration, is required for the formation of a valid contract between individuals who are not merchants. This requirement of mutual consideration, or the exchange of something of value, indicates the sincerity of the parties' intent to adhere to the contract between them.
Quid Pro Quo. A Latin phrase meaning something for something. This term is typically used in financial circles to describe a mutual agreement between two parties in which each party provides a good or service in return for a good or service. Next Up.