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> The idea had so little value it got sold for $1 Public assignment records often state that a thing was sold for “$1 plus other good and valuable considerati
by bdowling 7y ago
> The idea had so little value it got sold for $1
Public assignment records often state that a thing was sold for “$1 plus other good and valuable consideration” to keep the actual sale price confidential. The $1 is there to ensure the contract is enforceable and there’s no rule that says the other good and valuable consideration isn’t a whole lot of additional dollars.
- harryh 7y agoAh, interesting. I stand corrected on that subpoint. Thank you.