Types of consideration

O.C.G.A. § 13-3-41 — under Contracts.

O.C.G.A. § 13-3-41

Considerations are distinguished into ‘‘good’’ and ‘‘valuable.’’ A good consideration is such as is founded on natural duty and affection or on a strong moral obligation. A valuable consideration is founded on money or something convertible into money or having a value in money, except marriage, which is a valuable consideration. (Orig. Code 1863, § 2705; Code 1868, § 2699; Code 1873, § 2741; Code 1882, § 2741; Civil Code 1895, § 3658; Civil Code 1910, § 4243; Code 1933, § 20-303.)