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