'm 99% sure that at some point, you may have signed a contract that goes a little something like this:
"NOW, therefore, for good and valuable consideration, the Parties agree as follows:"
"Photographer agrees, with no additional consideration, that the Client may....."
"Client agrees that Planner may use their name and likeness in marketing materials with no further consideration due under this Agreement."
But that pesky word, "consideration"-- what does it mean? Turns out it can be pretty important.Read More