Consideration
111nominal consideration — see consideration Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …
112past consideration — see consideration Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …
113fair and valuable consideration — One which is a substantial compensation for the property conveyed, or which is reasonable, in view of the surrounding circumstances and conditions and market value of comparable properties in same vicinity, in contradistinction to an inadequate… …
114fair and valuable consideration — One which is a substantial compensation for the property conveyed, or which is reasonable, in view of the surrounding circumstances and conditions and market value of comparable properties in same vicinity, in contradistinction to an inadequate… …
115contractual consideration — Literally, the consideration for a contract, but in a more technical sense, a consideration to be determined as to amount, manner, and means of payment according to a provision or provisions of the contract, such being distinguished from a… …
116executory consideration — A consideration for a promise or an act, which consideration has not yet been performed and which the party who is to perform is either bound by contract to perform or not. If a promissory note is given for future services of the payee, his… …
117good consideration — A consideration founded either on love and affection toward one to whom a natural duty exists, such as a near relative by either consanguinity or affinity, or on a strong moral obligation supported either by some antecedent legal obligation,… …
118good consideration — noun 1. : a consideration of blood or of natural love and affection 2. : a valuable consideration : a moral obligation founded on an antecedent legal obligation now unenforceable : a consideration that will sustain a contract …
119in consideration of — {adv. phr.} 1. After thinking about and weighing; because of. * /iN consideration of the boy s young age, the judge did not put him in jail for carrying a gun./ 2. In exchange for; because of; in payment for. * /In consideration of the extra work …
120in consideration of — {adv. phr.} 1. After thinking about and weighing; because of. * /iN consideration of the boy s young age, the judge did not put him in jail for carrying a gun./ 2. In exchange for; because of; in payment for. * /In consideration of the extra work …
