CONSIDERATION

In Law, is the material cause of a contract, without which it is not binding on the party. Consideration is said to be either expre ed or implied. An expre consideration is where the motive or inducement of the parties to the contract is distinctly declared by its terms; as where a man bargains to sell his land for 100/. It is implied, where an act is done, or a legal demand forborne, at the request of another, without an expre stipulation: in which case, the law presumes an adequate compensation for the act or forbearance to have been the inducement of the one party, and the offer of the other; as where a person comes to an inn and makes use of it, intention to pay for the accommodation is presumed. Consideration is also either " valuable," that is, for money or an equivalent; or it is " of natural affection," certain degrees of relationship affording in some cases sufficient consideration for a gift. CONSl' [s. 286]