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: A past promise or act which forms the basis of a future promise. A promise is said to be given for moral or past consideration when the promisorâs motivation for making the promise is a past benefit he received that gave rise to a moral, but not legal, obligation to make compensation. For example: While walking down the street, Marsha steps into a hole and breaks her leg.