a term applied to a transaction where no money, property or goods were intended to pass from one party to another party.
Search Results for: consideration
VALUABLE CONSIDERATION
The distinction between a good and a valuable consideration is that the former consists of blood, or of natural love and affection; as when a man grants an estate to a near rela- tion from motives of generosity, prudence, and natural duty; and the latter consists of such a consideration as money, marriage which is… Continue Reading VALUABLE CONSIDERATION
PER CONSIDERATIONEM CUR IS
Lat. In old practice. By the consideration (judgment) of the court. Yearb. M. 1 Edw. II. 2. PER CURIAM. Lat. By the court. A phrase used in the reports to distinguish an opinion of the whole court from an opinion written by any one judge. Sometimes it de- notes an opinion written by the chief… Continue Reading PER CONSIDERATIONEM CUR IS
PAST CONSIDERATION
the name that is given to a consideration that is given before a contract is made.
NOMINAL CONSIDERATION
the term given to a token award given to a plaintiff by the court to show that the he was right but no money damage is required or justified.
NO CONSIDERATION
there term given to the defendant’s response to the court that says the contract sued on is not valid.
MORAL CONSIDERATIONS
the term given to the considerations that are based on moral grounds and not legal grounds.
LEGAL CONSIDERATION
the term used when something is legally sufficient and makes a contract binding.
INADEQUATE CONSIDERATION
the term that applies to a settlement that is not equal to the value of the loss.
IN CONSIDERATIONE LEGIS
In consideration or contemplation of law; in abeyance. Dyer, 1026.