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LSDefine

Simple English definitions for legal terms

sufficient consideration

Read a random definition: lack-of-utility rejection

A quick definition of sufficient consideration:

Sufficient consideration is something that is given or promised by one person in exchange for a promise from another person. It can be an act, a forbearance, or a return promise. Consideration is necessary for an agreement to be enforceable. It must be fair and reasonable under the circumstances of the agreement. Consideration can be past, present, or future. It can be implied by law or specifically stated in an instrument. Consideration that is illegal or immoral is not valid. Nominal consideration, which is a small payment, can be valid if it is part of a socially useful transaction. Deliberative assemblies also use the term consideration to refer to the process by which they dispose of a motion.

A more thorough explanation:

Definition: Sufficient consideration is something that is bargained for and received by a promisor from a promisee. It can be an act, a forbearance, or a return promise that motivates a person to engage in a legal act. Consideration is necessary for an agreement to be enforceable.

Example: If John promises to pay Jane $100 to mow his lawn, the $100 is the consideration for Jane's act of mowing the lawn. In this case, the consideration is sufficient because it is a fair exchange of value between the two parties.

Explanation: In this example, John is promising to pay Jane $100 in exchange for her act of mowing his lawn. This exchange of value is considered sufficient consideration because it is a fair and reasonable exchange between the two parties. Without sufficient consideration, the agreement between John and Jane would not be legally enforceable.

sufficient | suffragan

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@JumpySubsequentDolphin: NAURRR i need to try them on to see. ive never owned anything from them exceot maybe a tank in middle school?? but ive been a longtime lurker/windowshopper/fan
JumpySubsequentDolphin
20:45
SPLITTY if their jeans fit on my thighs they’re too big on my waist!!! it’s so frustrating
NOOO THEIR WHITE GIRL JEANS actually idk why im surprised
THEYRE**** THAT WAS AUTOCORREXT I SWEAR
babycat
20:46
@m10: infinitely generating means it comes up with new pictures? or new copies of the same pictures?
JumpySubsequentDolphin
20:46
if you’re the slightest bit curvy they are so obnoxious. me and my Abercrombie curve love’s are good together
SHUT UP I LOVE ABERCROMBIE JEANS
m10
20:47
Did y'all see this from ararara last night? https://studicata.com/case-briefs/all/
THOSE FIT SOO GOOD. i desperately need new jeans tho i ahvent gone shopping in millennia so a discount would come in clutch
JumpySubsequentDolphin
20:48
I got these jeans from re/done on a crazy sale and I love them BYT RHEY HAVE FIVE BUTTONS
JumpySubsequentDolphin
20:48
I DIDNT REALIZE WHEJ I BOUGHT THEM BC THEYRE HIDDEN. LIKE INSTEAD OF A ZIPPER THEYREBALL BUTTONS
JumpySubsequentDolphin
20:48
what if I have to pee.
THATS SO FUNNY
i cant i would go crazy
JumpySubsequentDolphin
20:50
i need to know who decided to do that.
JumpySubsequentDolphin
20:50
omg im on a plane weeeee
the devil
youre on a plane??? LSD made the mile high club??
20:50
yo splitterus are you in school already
20:50
it says ur c/o 2027
JumpySubsequentDolphin
20:51
@SplitterusClitterus: HAHAH yes
ur user is hilarioussss and no i just graduated this may and am now applying ---also im out of messages so ill take a lil
20:52
roger dat. see u in heck
im back, r u applying this cycle too
JumpySubsequentDolphin
21:32
this child fell asleep on me
JumpySubsequentDolphin
21:32
im so uncomfortable
just push him off the entire seat
JumpySubsequentDolphin
21:34
LMAOOOO
JumpySubsequentDolphin
21:35
no he’s literally like 8 and he fully just put his head on my bicep and slept
JumpySubsequentDolphin
21:35
he has since moved
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