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.
Nominal Consideration Law and Legal Definition. Nominal consideration is a consideration which has no relation to the actual value of the contract or article. For example, a parcel of land is shown to be sold for ten dollars in a deed. Here, the actual consideration is concealed.