Other valuable consideration
WebDec 12, 2024 · “Sell,” “selling,” “sale,” or “sold,” means selling, renting, releasing, disclosing, disseminating, making available, transferring, or otherwise communicating orally, in writing, or by electronic or other means, a consumer’s personal information by the business to another business or a third party for monetary or other valuable consideration. WebJan 2, 2024 · Consideration – Sets out the consideration paid to the lessor. Most states require that consideration must be paid to validate the contract. However, historically, the actual consideration paid to the lessor remains confidential, as the lease usually describes it as “$10 and other valuable consideration.” ...
Other valuable consideration
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WebMay 2, 2024 · Greenblatt, 812 S.W.2d 7, 15 (Tex. App.- Dallas 1991, no writ). Two common consideration clauses frequently found in Texas deeds are: “Cash and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged.”. “TEN AND NO/100 DOLLARS ($10) and other good and valuable consideration, the receipt … WebMay 25, 2024 · Here’s how a Georgia statute (Ga. Code Ann. § 13-3-41) explains the distinction: Considerations are distinguished into “good” and “valuable.”. A good …
WebSample 1. FOR AND IN CONSIDERATION of the sum of $10.00 and other good and valuable consideration in hand paid by Lender, at and before the sealing and delivery of these … WebOct 18, 2012 · Every contract must have some consideration something of value must exchange hands. That could be a car, a house, TV, anything. But, if it is not for value, it is not an enforceable contract "in addition to other valuable consideration THAT WOULD MEAN THE STATED CONSIDERATION AND OTHER UNSTATED CONSIDERATION "the receipt …
WebMar 18, 2015 · It contains the following clause: "The Parties agree to comply with the terms of this Agreement in consideration of the payment by each Party to the other of the sum of one pound (£1), the receipt and sufficiency of which is acknowledged by each Party". What is the meaning and effect of such a clause?
WebIN CONSIDERATION OF and as a condition of the Client hiring the Performer and other valuable consideration, the receipt and sufficiency of which consideration is acknowledged here, the parties to this Agreement agree as follows: Venue. 3. The place of performance (the “Venue”) is located at:
WebSection 7 of the CGST Act was amended to include a new clause under the definition of supply. Activities or transactions involving the supply of goods or services by any person, other than an individual, to its members or constituents or vice-versa, for cash, deferred payment or other valuable consideration. beam eyes memeWebSep 13, 2024 · So the practice has developed of stating that the property is being sold for some nominal amount (e.g., $20) and “other good and valuable consideration.”. Courts understand that the “ other good and valuable consideration” is specified elsewhere and greatly exceeds the nominal sum of money. Therefore, they are willing to enforce the ... beam drawing readingWebConsideration is a concept of English common law and is a necessity for simple contracts but not for special contracts (contracts by deed ). The concept has been adopted by other common law jurisdictions. The court in Currie v Misa [1] declared consideration to be a “Right, Interest, Profit, Benefit, or Forbearance, Detriment, Loss ... beam fiber paymentWebAug 24, 2024 · $1, $10, other valuable consideration — what was the other valuable consideration? Posted on August 24, 2024 by Neil Garfield The musical chairs element of … beam fixing kitWebFeb 27, 2024 · "selling, renting, releasing, disclosing, disseminating, making available, transferring, or otherwise communicating orally, in writing, or by electronic or other means, a consumer's personal information by the business to another business or a third party for monetary or other valuable consideration." dhaneva skogstadWebMay 23, 2012 · The phrase you quoted is what is called "a recital of nominal consideration." It does not mean that the $10 has been paid but serves to shift the burden of proof of consideration from one party to another. The fact that the $10 has not been paid does not make the release invalid. dhanashree verma instagram picukiWeb– Consideration need not benefit promisor; it can consist simply of some detriment to promisee or some benefit to third party: • “A valuable consideration, in the sense of the law, may consist either in some right, interest, profit or benefit accruing to the one party, or some forbearance, detriment, loss or responsibility, given, suffered, dhanaraju s