Good Consideration - Law Dictionary Search Results
Sale of goods and purchase of goods
transferring title to goods which of course presupposes capacity to contract, that it must be supported by money consideration, and that as a result of the transaction property must actually pass in the goods. Unless all these … Sale of goods and purchase of goods, in order to constitute a sale there must be an agreement for sale of
Market overt
open, so that anyone who passes may see it, and that is proper for the sale of such goods; (2) it must be an actual sale for a valuable consideration; (3) the buyer must not know that
Price
Price, in relation to the sale of any goods or to the performance of any services, includes every valu-able consideration, whether direct or indirect, or deferred, and
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value
value 1 a : a fair return or equivalent in goods, services, or money for something exchanged [received good for the price] b : valuable consideration at consideration 2
Warrant of Attorney
all proceedings upon it, and so if a material alteration be made in it. If the warrant is good in part, and bad in part, the Court will sustain it quoad the good part. If the fact … see LAND CHARGES. If a warrant of attorney be obtained by fraud, duress, or misrepresentation, or upon illegal consideration, the Court will order it to be delivered up to be cancelled, and will set aside all proceedings
Dealer, auction
or distributing goods directly or indirectly for cash or deferred payment or for commission, remuneration or other valuable consideration, State of Uttar Pradesh v. Union of India, (2003) 3 SCC 239. … person who in the normal course of his business attends sales by auction for the purpose of purchasing goods with a view to reselling them, Auctions (Bidding Agreements) Act, 1927, s. 1(2) (UK), Halsbury's Laws of England
sale
short, wash sale 2 : the transfer of a controlled substance to another person for money or other consideration 3 : a selling of goods at lower than usual prices 4 pl a : operations and activities … section 2-310, payment must be made in cash at the time and place that the buyer receives the goods unless there is a prior agreement between the parties for a sale on credit. conditional sale : a
Natural affection
Natural affection, that love which one has for his kindred. It is held to be a good consideration for certain purposes. See CONSIDERATION.
Property
1961), s. 1] Proprietor of a new or original design,-- (i) where the author of the design, for good consideration, executes the work for some other person, means the person for whom the design is so executed. (ii)
buyer in ordinary course of business
ordinary course of business takes the purchased goods free of the property interests of a third party. The consideration exchanged for the goods is restricted to cash, other property, or credit. The purchase also cannot be a … in ordinary course of business :a bona fide purchaser who in a normal or regular business procedure buys goods from a seller in the business of selling goods of that kind NOTE: Under the Uniform Commercial Code
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