Consideration

That which is actually given or accepted in return for a

promise.
Some right , interest, profit or benefit accruing to one
party , or some forbearance , detriment , loss or
responsibility given , suffered or undertaken by the
other.
Consideration is executed when the act consisting of
the consideration is performed ; it is said to be
executory when it is in the form of promises to be
performed at a future date.
Consideration is required for the formation of all simple
Consideration

It must be legal ; it must not be past; it must

move from the promisee; it must be real , i.e
something of value in the eye of law.
Offer
A proposal, written or oral , to give or do something ,for
example to enter a legally binding contract on specified
terms. It may be expressed or implied from conduct.
The person making the offer is the offeror; the person
to whom it is made is the offeree.