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.
Consideration is what each side gives to the other in a contract. Consideration makes a contract different from a plain promise. For example, a promise to make a gift is ordinarily not enforceable as a contract. Things may change though if you promise to do something and the other person relies on your promise.