Consideration Agreement/ Contract

13:00 May 21, 2019
English to Polish translations [PRO]
Law/Patents - Law: Contract(s)
English term or phrase: Consideration Agreement/ Contract
I honestly have not found any examples of such agreements. Any suggestions?
Maria Magdalena Malenta
Netherlands
Local time: 06:58


Summary of answers provided
2umowa o świadczenia wzajemne lub o odpłatne korzystanie
Frank Szmulowicz, Ph. D.


Discussion entries: 2





  

Answers


1 hr   confidence: Answerer confidence 2/5Answerer confidence 2/5
consideration agreement/ contract
umowa o świadczenia wzajemne lub o odpłatne korzystanie


Explanation:
Consideration is something of value exchanged between the parties. The choice depends on context.
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What Is Consideration?
Consideration is the benefit that each party gets or expects to get from the contractual deal -- for example, Victoria's Secret gets your money; you get the cashmere robe.
https://www.nolo.com/legal-encyclopedia/consideration-every-...
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CONTRACT CONSIDERATION. The parties have bargained for and expressly agree that the rights and obligations of each party contained in this Agreement, including, without limitation, Buyer’s obligation to deliver the Initial Deposit to Escrow Holder, constitute sufficient consideration for the other party’s execution, delivery and obligations under this Agreement, including without limitation, Buyer’s exclusive right to inspect and purchase the Membership Interests pursuant to this Agreement and all contingencies and conditions of Closing for the benefit of Buyer set forth in this Agreement.
https://www.lawinsider.com/clause/contract-consideration

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a vital element in the law of contracts, consideration is a benefit which must be bargained for between the parties, and is the essential reason for a party entering into a contract. Consideration must be of value (at least to the parties), and is exchanged for the performance or promise of performance by the other party (such performance itself is consideration). In a contract, one consideration (thing given) is exchanged for another consideration.
https://dictionary.law.com/Default.aspx?selected=305
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Definition of Consideration

Something of value given in exchange for something else of value, usually in the context of a contract
https://legaldictionary.net/consideration/

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Badania empiryczne nad kapitałowo-własnościowymi warunkami
tworzenia spółek pracowniczych zostały przeprowadzone wśród podmiotów z województwa mazowieckiego, które zawarły umowy o oddanie przedsiębiorstwa państwowego do odpłatnego korzystania w latach 2000–2004 i w niezmienionej formie kontynuowały działalność gospodarczą
do końca 2011 roku.

Empirical studies on capital-ownership forming conditions of employee-owned companies were carried out among entities from the Mazovian province which entered into the giving a state-owned enterprise to be used for a consideration agreement over the period 2000–2004 and continued business activities in the unchanged form to the end of 2011.

http://cejsh.icm.edu.pl/cejsh/element/bwmeta1.element.deskli...

Frank Szmulowicz, Ph. D.
United States
Local time: 01:58
Works in field
Native speaker of: Native in EnglishEnglish, Native in PolishPolish
PRO pts in category: 1184
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