consideration of contract
41Contract law (Vereinigte Staaten) — Im Recht der Vereinigten Staaten bezeichnet Contract law ein Rechtsgebiet, das sich mit der Entstehung und den Wirkungen von Verträgen befasst. In den Vereinigten Staaten besteht kein einheitliches Privatrecht, da die Kompetenz hierzu bei den… …
42contract — A legally enforceable agreement, not contrary to any law, to do or not to do something. A contract involves two or more people or businesses; it sets forth what they will or will not do and can be either oral or written (though real estate and …
43contract to contract — A contract, upon a valid consideration, that the parties will at some specified time in the future, at the election of one of them, enter into a particular contract, specifying its terms. 17 Am J2d Contr § 26 …
44consideration — 1) A tangible benefit that is exchanged as part of a contract It is essential if a contract (other than a deed) is to be valid. It usually consists of a promise to do or not to do something or to pay a sum of money. 2) The money value of a… …
45contract of insurance — Any contract by which one of the parties for a valuable consideration, known as a premium, assumes a risk of loss or liability that rests upon the other, pursuant to a plan for the distribution of such risk, is a contract of insurance, whatever… …
46contract of insurance — Any contract by which one of the parties for a valuable consideration, known as a premium, assumes a risk of loss or liability that rests upon the other, pursuant to a plan for the distribution of such risk, is a contract of insurance, whatever… …
47consideration — A legal term for the transfer of *assets or other items of *value in relation to a *contract. Consideration may take the form of (i) *cash payments, (ii) transfers of *tangible assets, (iii) waivers of payments, or (iv) the providing of services …
48consideration — An inducement to and the basis of a contract; that which is bargained for and that which is given by one party in exchange for a promise by the other party. Consideration is often a promise to perform a certain act (e.g., paint a house) in… …
49consideration — /kənˌsɪdə reɪʃ(ə)n/ noun 1. serious thought ● We are giving consideration to moving the head office to Scotland. 2. something valuable exchanged as part of a contract …
50contract — An agreement between two or more parties that is enforceable in law. Contracts may be written, verbal, or even implied by circumstances, but to be legally binding a contract must normally be accompanied by some form of *consideration …
