Valuable Consideration means any benefit to the promise or detriment to the promisee, which is
sufficient in law to support the promise. Executed consideration means that consideration is
wholly performed on one side immediately after the contract is entered into executory
consideration is a promise to confer a benefit or to suffer some detriment at some future time.

Consideration must be:
1- Real or genuine
2- It needs not to be adequate
3- It must be legal
4- It must move from the promisee
5- It must be possible
6- It must not be past