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consideration |
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consideration, in law: see contract contract, in law, a promise, enforceable by law, to perform or to refrain from performing some specified act. In a general sense, all civil obligations fall under tort or contract law. ..... Click the link for more information. . consideration Law the promise, object, etc., given by one party to persuade another to enter into a contract How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| Black's Law Dictionary defines a bona fide sale as "[a] completed transaction in which seller makes sale in good faith, for a valuable consideration, without notice of any reason against the sale. profit by means of a credit or other valuable consideration, such as an unearned commission, discount, or gratuity in connection with furnishing of physical therapy services. The covenant must be supported by valuable consideration. |
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