What does Quid Pro mean?
Quid pro quo is a Latin term meaning “something for something”. It is often referred to in the context of contracts, since it stands for the contractual concept of consideration, which is the value received for a promise to do or not do something. The contractual term for quid pro quo is “mutual consideration”.
What does Quid Pro Duo mean?
Quid pro quo (“something for something” in Latin) is a Latin phrase used in English to mean an exchange of goods or services, in which one transfer is contingent upon the other; “a favour for a favour”.
What is quid pro Cro?
In common usage, quid pro quo refers to the giving of one valuable thing for another. Quid pro quo has the same meaning in the law but with varying implications in different contexts. Quid pro quo, or the exchange of valuable consideration, is required for the formation of a valid contract between individuals who are not merchants.