null
US
Sign In
Sign Up for Free
Sign Up
We have detected that Javascript is not enabled in your browser. The dynamic nature of our site means that Javascript must be enabled to function properly. Please read our
terms and conditions
for more information.
Next up
Copy and Edit
You need to log in to complete this action!
Register for Free
224215
Consideration
Description
Mind Map on Consideration, created by Leanne Topping on 09/22/2013.
Mind Map by
Leanne Topping
, updated more than 1 year ago
More
Less
Created by
Leanne Topping
over 11 years ago
42
0
0
Resource summary
Consideration
"A benefit to one party or a detriment to the other" - Currie v Misa
Combe v Combe
Kinds of consideration: executory, executed and past
Past consideration is unenforceable - Roscorla v Thomas / Re McArdle
Exception: Pao On v Lao Yiu Long / Lampleigh v Braithwaite / Re Casey's
Must be distinguished from fulfillment of a condition of a contract
Principles
Consideration must move from the promisee
Consideration need not be adequate
Value may be slight / nominal
Chappell Co Ltd v Nestle Co Ltd
Mountford v Scott
Consideration must be sufficient
Performing a duty imposed by law
Collins v Godefroy
Glassbrook v Glamorgan CC
Performing an existing contractual duty
Stilk v Myrick
Exception: Williams v Roffey Bros
Hartley v Ponsonby
Avoiding part of a debt: Rule in Pinnels's Case / Foakes v Beer
Exceptions
Promissory Estoppel
Show full summary
Hide full summary
Want to create your own
Mind Maps
for
free
with GoConqr?
Learn more
.
Similar
Consideration
pavlina.hunt
Consideration & Promissory Estoppel
El-Ruth Harmony
Contract Law
Rebecca Richardson
CONTRACT
arsine.kh
Consideration
Chantal Briancon
Consideration
Jana Slavina
Law of Contract
goonerarmstrong
Contract Formation
Natasha Molina
Consideration
Teng Lo
Contract Law: DEFINITIONS
Zahrah Mehmood
Untitled_2
mforan
Browse Library