peppercorn (Q7166397)

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very small payment offered as consideration to satisfy legal requirements for a valid contract
  • nominal consideration
  • token consideration
Language Label Description Also known as
English
peppercorn
very small payment offered as consideration to satisfy legal requirements for a valid contract
  • nominal consideration
  • token consideration

Statements

instance of
legal fiction
0 references
subclass of
consideration
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dummy
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Identifiers

Freebase ID
/m/0ggt6s
0 references
 
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