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 ?
By analogy, it also casts doubt on the rule in Pinnel's Case (19) and Foakes v Beet (20) by suggesting that part performance of a promise to pay an indebtedness may be good consideration for a promise to accept part payment in full settlement.
It made me think why, in England, they don't have such a good consideration of Irish players?
YUILL'S Vermont is a value-for money home with good space and good consideration given to storage and use ability.
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.
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.
The awards judges said that good consideration had been given to the individual needs of family members.
The properties, which enjoy good outlooks, had a good feeling of space and were well designed with good consideration given to the requirements of the buyer.
The project showed good attention to detail in the properties and good consideration had been given to the scheme to create attractive, desirable and affordable homes.