valuable consideration

Consideration that is valid under the law; consideration that either confers a pecuniarily measurable benefit on one party or imposes a pecuniarily measurable detriment on the other.

— Also termed good and valuable consideration; legal consideration. [Cases: Contracts 49. C.J.S. Contracts § 87.]


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双语律师李明,国际知名法学院法律专业,擅长翻译各类与政府监管相关的法律文件。
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