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PERSONAL GUARANTY For good and valuable consideration the receipt and sufficiency of which is hereby acknowledged the undersigned, and if more than one, each of them, jointly and severally, (hereinafter
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What is for good and valuable?
For good and valuable refers to a legal term used in contracts to indicate that something of value is being exchanged between parties.
Who is required to file for good and valuable?
Anyone entering into a contract where something of value is being exchanged is required to file for good and valuable.
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To fill out for good and valuable, you simply need to include the phrase in the contract that indicates the exchange of something of value.
What is the purpose of for good and valuable?
The purpose of for good and valuable is to ensure that there is a legal consideration for the contract, which helps to make the agreement legally binding.
What information must be reported on for good and valuable?
The information reported on for good and valuable includes details of what is being exchanged, the value of the exchange, and the parties involved.
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