According to the rule of , if a promisee's performance was rendered before the promisor's promise was made, then it can never serve as consideration, even though it may meet the "legal value" part of the test.

The correct word for the blank space is: Consideration.

Explanation:

In Law, Consideration implies doing or stopping doing something typically monetary. Consideration is the act by which a promisee provided a service without the promisor making a promise or contract. Consideration usually departures from the promisee but is not followed by the promisor even if the causes of the promise are sufficient enough to request a promise from the promisor but in part they are inadequate.

the correct answer is economics is a game without winners or losers.

unlike sports or games economic is a game without losers or winner rather it is a game where everyone wins. parties of business doing businesses exchange money with each other and hence exchange is done on the basis of goods. one party takes the goods and other sales it so there is winner on both sides. each party values more highly the good it gets than the good it gives up. both sides exchange only because both intend to increase their value. so there is no concept of lose or win.

if it is for a job, then you should learn everything you can about the job, like what does it involve, what qualification is required and how you are the right person for that job. dress appropriately for the interview. get plenty of rest the night before. good luck!