What does “in exchange for good and valuable consideration,” mean?
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A. What we’re “exchanging” between one another is the writer is giving us the rights to her/his music, and in exchange, we’re pushing that writers’ music. “Consideration,” can be anything from goods to services to ANYTHING that’s being exchanged, i.e.: you do this, and in return we do this. This makes the contract have value. Two people giving something, two people agreeing on it. That’s the agreement.
