Examples of consideration in aSentence You should give some serious consideration toyour retirement plans. After careful consideration, heagreed to their requests. Show some consideration and turndown that radio. Finding a house close to work was an importantconsideration for them.

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Also know, what does it mean to take in consideration?

Definition of take (something) intoconsideration : to think about (something) before one makes adecision or forms an opinion We will take your experienceinto consideration when we decide who will get the job.Results of the study should be taken intoconsideration before the medication is prescribed topatients.

Also Know, what does clinical consideration mean? 1 of or relating to a clinic. 2 of or relating to thebedside of a patient, the course of his disease, or the observationand treatment of patients directly. a clinical lecture,clinical medicine. 3 scientifically detached; strictlyobjective.

Beside this, what is consideration example?

Consideration in a contract is the exchange ofanything of value by each party. Most often, services or goods areexchanged or promised in a contract, though considerationmay be whatever the parties agree to. Examples include:Money. Services.

What is insurance consideration?

In insurance, the insurance company'soffer to make a loss good is a consideration in exchange forpayment of premium. Essential element of all enforceablecommercial-contracts, it does not have to be 'adequate' or equal invalue to the exchanged item but must be legal (not in violation ofany law).

Related Question Answers

What is the synonym of consideration?

account, advisement, debate, deliberation, reflection,study, thought. Words Related to consideration. cogitation,contemplation, meditation, pondering, rumination. introspection.agonizing, hesitation, indecision.

What does thank you for your consideration mean?

What doesThank you for yourconsiderationmean? “Thank you for yourconsideration” is a phrase often used at the closing of ajob application, cover letter, letter of intent, or email to arecruiter or HR department. Essentially, you are thankingthe interviewers for taking the time to look over yourapplication.

What does no consideration mean?

When someone says “no consideration”deed, what does it mean? It actually meansthat the property is being transferred via deed withoutmoney exchanging hands. Not all no consideration deeds areexempt from transfer and recordation taxes.

What does consideration mean in law?

n. 1) payment or money. 2) a vital element in thelaw of contracts, consideration is a benefit whichmust be bargained for between the parties, and is theessential reason for a party entering into a contract. In acontract, one consideration (thing given) isexchanged for another consideration.

Should I take into account?

(idiomatic) To consider or regard; to include (as in anestimate or plan) or pay attention to; to notice; to allow for. Hisplan did not take into account the possibility ofrain.

How do you use take into account?

take someone or something intoaccount to remember to consider someone or something. I hopeyou'll take Bill and Bob into account when you planthe party. I'll try to take into account all the things thatare important in a situation like this.

Would do well to meaning?

phrase. If you say that someone would do well todo something, you mean that you advise or recommend thatthey do it. He would do well to remember that, sooneror later, everyone's luck runs out.

Was not taken into consideration meaning?

under consideration being currently discussed ordeliberated. a fact or circumstance to be taken intoaccount when making a judgment or decision. on noconsideration for no reason whatsoever; never.

What are the types of consideration?

Types of Consideration, Dunlop V Selfridge, Houseof Lords, Executed Consideration, FutureConsideration, Rules of Consideration, Loss Suffered,Promise to a Stranger, Public Policy, Natural Love and Affectionare some points from this lecture.

What is the principle of consideration?

"It is a fundamental principle of contract lawthat in order to create a binding contract which the law willrecognize and enforce, there must be an exchange ofconsideration between the parties. "Consideration issimply something of value received by a promisor from apromisee.

What are the three requirements of consideration?

A legally binding contract needs three mainelements: an offer, consideration, and acceptance. While theterms "offer" and "acceptance" are fairly straightforward -- anoffer is made, and either rejected or accepted --"consideration" refers to something of value that is beinggained through the contract.

What are the two elements of consideration?

Elements of consideration Second, there must be a mutual exchange. In otherwords, both parties must get something out of the contract. Third,the exchange must be something of value.

What is the function of consideration?

The point is that the parties must exchange something ofvalue. Consideration is needed so that both parties incursome sort of burden or obligation in the agreement. Withoutconsideration, the exchange would likely be classified as agift. Gifts are treated differently than contract agreements,legally speaking.

What does in consideration of mean?

something that is or is to be kept in mind in making adecision, evaluating facts, etc.: Age was an importantconsideration in the decision. thoughtful or sympatheticregard or respect; thoughtfulness for others: They showed noconsideration for his feelings.

What is consideration and its rules?

“When at the desire of the promisor,the promisee or any other person has done or abstained fromdoing, or does or abstains from doing, or promises to do or abstainfrom doing something, such act or abstinence is called aconsideration for the promisee.” This is acomplex sentence.

What is good consideration?

What is GOOD CONSIDERATION? A reason for doingsomething based on natural affection, generosity, love, or moralduty. This reason is insufficient to judge a commercial contract orpromise enforceable as it lacks valid, valuable, and legal basisfor the reason. Also refer to valuableconsideration.

What are the legal rules for valid consideration?

7 Essentials or Legal Requirements of a Valid Considerationin
  • Consideration must move at the desire of the promisor:
  • Consideration may move from the promisee or any otherparty:
  • Consideration may be Past, Present, or Future:
  • Consideration need not be adequate:
  • Consideration must be real and not illusory:

What are the 3 types of contracts?

I'm going to break these down into three majortypes of contracts: Fixed Price, cost-reimbursable, and timeand materials.

What are the essential elements of consideration?

Essentials of Valid Consideration
  • It must move at the desire of the promisor:
  • It may move from the Promisee or any other person:
  • It may be past, present or future:
  • It need not be Adequate:
  • It must be Real: