One of the mysteries of the English language finally explained.
Legal consideration having some economic value, which is necessary for a contract to be enforceable.‘an agreement made for valuable consideration’count noun ‘of a kind which might in law be a good and valuable consideration’
- ‘Two farmers who had been neighbours for many years, and who lived upon very friendly terms, mutually agreed that whichever died first should leave the other a valuable consideration, not specifying, however, what it was to be.’
- ‘There is no valuable consideration passing from the trustee to the contributor.’
- ‘It follows that a debt may only be released by an agreement for valuable consideration or by an agreement under seal.’
- ‘What happens, however, when the settlor promises to settle funds on trust, but does not convey the property to trustees, and the beneficiaries have not given valuable consideration?’
- ‘Accordingly, a grantee who takes the lease for valuable consideration takes it as if he were buying a registered estate, and in consequence is not bound by any minor interest which is not protected on the register.’
Top tips for CV writingRead more
In this article we explore how to impress employers with a spot-on CV.