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It means someone receives something in return for something they are doing.

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8y ago

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What does without consideration mean?

Consideration is the value paid for property. Property acquired without consideration means there was no money paid to the grantor. That is frequently the case in inter-family transfers.


What is mean consideration and promise?

Mean consideration refers to something of value exchanged by parties in a contract, such as money or services. Promise is a commitment made by one party to do something or refrain from doing something in the context of a contract or agreement. Both mean consideration and promise are essential elements of a legally binding contract.


What does the figure of speech is for the birds mean?

not worth consideration; unimportant:


What does suggestion mean?

is a person's opinion in what they think you should do or take . put forward for consideration:


What does short shrift mean?

It means to give something little consideration.


What does the term commercial consideration mean?

It means that somebody paid them to do whatever they did.


What does and in consideration of mean on a bill of sale?

That is where you enter the amount of money or whatever goods you are using to purchase the item that is for sale. For instance, "And in consideration of the sum of $5,000".


What does it mean to lay down a heavy rap?

To pose a serious subject for consideration.


What does it mean when a bill is pulled?

It means that the sponsors of the bill have withdrawn the bill from consideration.


Will a contract always be valid and binding when its contains consideration?

Just because a contract contains consideration does not mean it is legal or binding. There are other requirements that must be met.


Why a past consideration is not a good consideration?

Do you mean consideration for contract formation? To have a bargain, you have to be willing to give something up. For example, if we had a contract for the purchase of your car for $5000, you would give up your car, and I would give up $5000. That's consideration. If the consideration is in the past (e.g. you already gave up your car), that's not going to create a binding contract.


What does the propose mean?

to ask for marrige to make an offer to present or put fordward for consideration