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Consideration is the price one pays for another's promise. It can take a number of forms: money, property, a promise, the doing of an act, or even refraining from doing an act. In broad terms, if one agrees to do something he was not otherwise legally obligated to do, it may be said that he has given consideration.
Section 7 Regulation FD Item 7.01 Regulation FD Disclosure Section 8 Other Events Item 8.01 Other Events (The registrant can use this Item to report events that are not specifically called for by Form 8-K, that the registrant considers to be of importance to security holders.) Section 9 Financial Statements and Exhibits Item 9.01
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Rasher was reclassified as an auxiliary submarine, AGSS-269, on 1 July 1960, with conversion being accomplished at Mare Island Naval Shipyard. Involved in maintaining fleet readiness until mid-August 1962 when she deployed to WestPac, Rasher continued to exhibit her usual high standards of performance.
Assignments made for consideration are irrevocable, meaning that the assignor permanently gives up the legal right to take back the assignment once it has been made. Donative assignments, on the other hand, are generally revocable, either by the assignor giving notice to the assignee, taking performance directly from the obligor, or making a ...
USNS Comet (T-AK-269), later T-LSV-7, later T-AKR-7, later SS Comet, was a vehicle landing ship built for the United States Navy. The lone ship of her class, she was named for the comet , and was the fourth U.S. Naval vessel to bear the name.
The situation is different under contracts within civil law jurisdictions because such nominal consideration can be categorised as a disguised gift. [4] The remainder of this section is a U.S. perception, not English. However, courts will not generally inquire into the adequacy or relative value of the consideration provided by each party. [5]
Now, many die-hard Floridians are putting their homes up for sale and leaving. Right now, you can find nearly 200,000 homes for sale in Florida, a whopping 35% increase compared to just one year ago.