Considerance - Law Dictionary Search Results
Lease
1 Platt on Lease, pp. 9 et seq.); he to whom the property is granted, the lessee. The consideration is usually the payment of a rent or other annual recompense. The ancient operative words were 'demise, lease,
Purchase price
Purchase price, means the amount of valuable consideration paid or payable by a person for any purchase made including any sum charged for anything done by
Trust
interest was intended for the benefit of the grantee or any person other than the grantor himself. See CONSIDERATION (last paragraph). Trusts are also divisible into: (1) permanent, when there is a continuing duty to be performed
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Wager
Wager, a contract by A. to pay money to B. on the happening of a given event, in consideration of B. paying money to him on the event not happening; and see the elaborate definition of 'wagering
Reside
Reside, means dwell permanently or for a considerable time, to have one's settled or usual abode, to live in or at a particular place, Oxford Dictionary.
Turnover
own account or on account of others whether for cash or for deferred payment or for other valuable consideration, Joint Commercial Tax Officer v. Young Men's Association (Regd.), AIR 1970 SC 1212 (1215): (1970) 1 SCC 462:
Insurance
it is clear gain. The instrument by which the contract is made is called a policy; the stipulated consideration, a premium. As to what is known as a coupon policy, i.e., a coupon cut out of a
Benami
the deed is the real transferee or B, to enquire into the question as to who paid the consideration for the transfer, X or B. But in the latter class of cases, when the question is whether
Immoral contracts
Immoral contracts, contracts founded upon considerations contra bonos mores, are void. Ex turpi contractu non oritur actio. But where a contract founded upon an
Deed
parties to it and those claiming under them. (c) Testatum, * witnessing or operative clause, comprehending:- 1. The consideration and its receipt. When a deed contains more than one testatum, the whole consideration should generally be stated
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