Legal English Innovation SAS

The Peppercorn Theory


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Consideration: Something of value exchanged between parties in a contract.

A grasp of something: An understanding or comprehension of a concept or subject.

Blow your mind: To be astonished or amazed by something.

A peppercorn: A small, dried fruit of a pepper plant, often used metaphorically to represent something of very small value.

A riddle: A question or statement intentionally phrased so as to require ingenuity in ascertaining its answer or meaning. 

To enter into a contract: To form a legally binding agreement.

Peppercorn theory: A legal principle that even something of nominal value, like a peppercorn, can constitute valid consideration if freely agreed upon by the parties.

To play out: To unfold or develop in a particular way.

Way out of balance: Significantly unequal or disproportionate.

To take advantage: To exploit or unfairly benefit from a situation or someone's vulnerability.

A bargain/deal: An agreement reached through negotiation, often involving an exchange of goods or services.

A takeaway: A key point or lesson learned from an experience or discussion.

Way out of whack: Similar to "way out of balance," meaning significantly out of alignment or proportion.

To mull over: To think about something carefully and thoughtfully.

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Legal English Innovation SASBy Eric Froiland