Considerations are distinguished into "good" and "valuable." A good consideration is such as is founded on natural duty and affection or on a strong moral obligation. A valuable consideration is founded on money or something convertible into money or having a value in money, except marriage, which is a valuable consideration.
Section: 13-3-40 13-3-41 13-3-42 13-3-43 13-3-44 13-3-45 13-3-46 13-3-47 NextLast modified: October 14, 2016