good consideration


Also found in: Legal.

good consideration

Usually signifies something founded on moral obligation or affection for the value necessary to support an enforceable contract.Many deeds will recite they are in consideration of love and affection.This is good consideration,and is sufficient,but it is not valuable consideration.

References in periodicals archive ?
The provisions for good consideration concluded between the undignified heir and third parties, purchasers of good faith, are maintained, rules of the land register matter being, however, applicable.
Grimthorpe added that a bid for York's International Stakes on August 17 - sponsored by Abdullah's Juddmonte stud operation - would "get very good consideration - but, three weeks might be too soon".
Counseling is also a good consideration since you will gain much support and insight on coping measures through your counselor.
Refusal has typically been expressed in the rule that performance of a pre-existing duty is not good consideration for a new promise in return, as established in Stilk v Myrick (1) and confirmed in Gilbert Steel Ltd.
His claim may however fail if: (a) the payor intends that the payee shall have the money at all events, whether the fact be true or false, or is deemed in law so to intend; (b) the payment is made for good consideration, in particular if the money is paid to discharge, and does discharge, a debt owed to the payee (or a principal on whose behalf he is authorised to receive the payment) by the payer or by a third party by whom he is authorised to discharge the debt; (c) the payee has changed his position in good faith, or is deemed in law to have done so.
It made me think why, in England, they don't have such a good consideration of Irish players?
Judges said good consideration had been given to the individual needs of family members.
Until further guidance is received, it would be wise to structure tax-free reorganizations in a manner that satisfies COI without relying on the restricted shares as good consideration.
Kirkland says a good consideration for credit card purchases is to remember the three-month strategy.
Quitting smoking is also a good consideration, along with limiting the amount of medications and other chemicals that the liver has to break down, which is its normal function.
YUILL'S Vermont is a value-for money home with good space and good consideration given to storage and use ability.
THE judges praised the bold, contemporary styling of the Chicago, a truly versatile property and good consideration had been given to the requirements and lifestyle of potential buyers.