Sentence examples for consideration in contract from inspiring English sources

The individual agreeing to pre-dispute arbitration should receive a meaningful benefit (consideration, in contract legal jargon) beyond simply being allowed to purchase the service in question or having the employment being offered.

Mansfield failed to make clear that he was referring only to consideration in commercial contracts, not general contracts, and as a result his judgment read that consideration was not required for any contract.

Security is a backburner consideration in this contract.

Consideration in a contract is the agreement by all parties about what they are going to do or refrain from doing.

"Unless we put people to work in California," he added, "you can't significantly lower the national unemployment rate". Villaraigosa contends that local officials should be able to require local hiring or purchasing programs or at least make them a consideration in awarding contracts where local taxpayers are picking up a larger share of the tab.

In this example, an off-setting consideration might be differences in contract enforcement due to differences in the strength of the legal system.

An agreement that by its terms is not to be performed within a year from the making thereof; * * *." The term promissory estoppel generally is considered to be properly applied when the existence of "promissory estoppel" is used as a substitute for consideration in the law of contracts to create a binding contract.

Often, however, other yield types are found (see Yano and Lee 1995) which are of greater practical relevance and demand for specific consideration in decision making and contract analysis.

The contract under consideration in the present case was.

A contract is legally binding only if each party obtains something of value (referred to as "consideration") in return for performance of the contract obligations.

Boris Johnson has accused David Cameron of "what looks like collusion" with big business leaders to win their support for the remain campaign in exchange for favourable consideration in the awarding of government contracts.