Just Consideration Law and Legal Definition
Just consideration means consideration legally sufficient for any purpose. [Moruzzi v. Federal Life & Casualty Co., 42 N.M. 35 (N.M. 1938)].
Under a statute requiring a chattel mortgage when filed to be accompanied by an affidavit stating that the mortgage is given in good faith, and it was for value received, constitutes a substantial equivalent to a recital that the consideration was just. [Schuster v. Wendling, 116 F.2d 596, 598 (6th Cir. Ohio 1941)].
Legal Definition list
Related Legal Terms
- Abuse in Later Life Program [Department of Justice]
- Academy of Criminal Justice Sciences [ACJS]
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- Ad Officium Justiciariorum Spectat Unicuique Coram Eis Placitanti Justitiam Exhibere
- Additional-Consideration Rule
- Adequate and Full Consideration in Money or Money’s Worth
- Adequate Consideration
- Adjust Status [Immigration]
- Adjustable Life Insurance
