A control account is a natural management point for planning and control since it represents. the work assigned to one responsible organizational element on one project work. breakdown structure element.
Past consideration is no consideration. Consideration must be given at the time of the contract or some time after the contract was made. It's not generally possible for an act or forbearance to be good consideration if it took place prior to the contract. STUDY.
Past consideration, unlike executory or executed consideration, is not good or valid consideration. Consideration is said to be past when it consists of some service or benefit previously rendered to the promisor. In Re Mc Ardle 1951. a woman carried out work to a house jointly owned by members of her family.