Good Consideration
Legal Definition and Related Resources of Good Consideration
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Meanings, Synonyms, Etymology, Translations and More
Meaning of Good Consideration
Technically, it is distinct from valuable. consideration , since it refers to consideration of blood or natural love and affection. However, it is a common tendency to use these words as synonymous with valuable consideration or in conjunction therewith as in good and valuable consideration. Weigand v Tanden Motor Co., 167 A. 493, 109 Pa. Super. 256.
Good Consideration Alternative Definition
See "Consideration."
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Good Consideration in Historical Law
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Related Legal Terms
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Mentioned in these terms
Bona Fide, Separation Agreement.
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This definition of Good Consideration is based on the The Cyclopedic Law Dictionary. This entry needs to be proofread.
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Good Consideration
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See Also
See consideration.
Good Consideration
What is Good Consideration?
A definition of good consideration is: Any benefit conferred, or agreed to be conferred, upon the promisor, by any other person, to which the promisor is not lawfully entitled, or any prejudice suffered, or agreed to be suffered, by such person, other than such as the person is at the time of consent lawfully bound to suffer, as an inducement to the promisor, is a good consideration for a promise. More details on the Encyclopedia. That consideration or detriment which the law considers valid and to this extent "good" does not refer to moral goodness.[1]
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Professional Content and Learning Tools
Lawi offers educational solutions and professional insight, integrating content, tools, and practical technology to promote lifelong learning, personal and professional improvement, and human progress through knowledge. Our collections feature resources and solutions from a wide range of subject areas, from management and finance to law and cybersecurity. This text is only a brief introduction. If you would like us to expand on this content, please let us know in the comments. If you’re finding our platform and publications valuable, share it with a colleague or friend, leave a comment and consider subscribing if you haven’t already (thanks!). There are group discounts, gift options, and referral bonuses available.
Notes
"Good Consideration" in the White America Dictionary (New York, Los Angeles, London, New Delhy, Hong Kong, 1989)
See Also
Consideration
Valuable consideration


