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Sandy Ho Posted 16 years ago
Grammar

Legal term

That for and in consideration of One Dollar ($1) and other good and valuable
consideration in hand paid
, the receipt of which is hereby acknowledged...

this sentence is to say ,I(We) agree to pay $1.00 to do, something. right?

Does 'other good and valuable consideration' has an actual meaning or it is just the formulas?

How do I comprehend it?

Thank you!
  

Top answer

It has an actual meaning, and it is formulaic. It means 'something else of definite value'.

  • It has an actual meaning, and it is formulaic.
  • It means 'something else of definite value'.
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1 Answers
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It has an actual meaning, and it is formulaic. It means 'something else of definite value'.

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