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PARENTAL CONSENT RELEASE AND WAIVER OF LIABILITY AND ASSUMPTION OF RISK AGREEMENT FOR GOOD AND VALUABLE CONSIDERATION, including permission for (the minor) to participate in Grand Parade, River Regatta,
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For good and valuable is a legal term used to describe consideration in a contract, meaning something of worth or value that is exchanged between parties.
Anyone entering into a contract that involves consideration must include for good and valuable in the agreement.
To fill out for good and valuable, simply state the item or service being exchanged between parties as consideration for the contract.
The purpose of for good and valuable is to ensure there is a legal exchange of value between parties in a contract.
The specific item or service being exchanged as consideration must be reported on for good and valuable.
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