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Legal Terms & Definitions

In the booklet, "consideration" means:

A

Anything of value given to induce entering into a contract.

B

A later mortgage that takes priority over an earlier one.

C

A county clerk certificate authenticating a notary.

D

A witness clause at the end of a will.

Official source: Notary Public License Law (March 2026)

Reference: Legal Terms & Definitions

Source checked September 7, 2026

✓

Correct Answer

A. Anything of value given to induce entering into a contract.

Detailed Explanation

This is a straight glossary point from "Definitions and General Terms." The booklet defines consideration as anything of value given to induce entering into a contract, including money, services, or even love and affection. Not to be confused with a subordination clause, consideration explains why a contract is entered in the first place.

Legal Terms & Definitions Question #203
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