It also prohibits the giving of a gift, money or valuable consideration to obtain a dignity or title of honour.

Although an expectancy could be assigned for valuable consideration, there was no evidence that any such assignment had been effected, or was proposed.

To be a valid restraint of trade in the first place, both parties must have provided valuable consideration for their agreement to be enforceable.

The prize, together with any fee paid or discount received, are all considered to be valuable consideration.

The mutual assent of two or more parties, competency to contract and valuable consideration.