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 the parties agree to exchange. The consideration in the contract must be something of value, but it need not be a tangible or monetary item. Consideration can also be an action that one is not legally obligated to take, or refraining from doing something one has the legal right to do.