Judaism G-d Relationship with Israel

[Channalee]

First, I want to ask what is the general definition of a divine covenant?

I would simply define it this way:  Covenant = quid pro quo.
 
Genesis, chapter 17, puts it into more detail, regarding what God will do for Abraham and his descendants in return for what God expects from Abraham and his descendants. 
 
I think we had a similar discussion involving this on the old forum.  Perhaps someone here will remember it?