contract law
- Created by: Shahjahan
- Created on: 10-05-16 19:30
Other questions in this quiz
2. Stilk v myrick
- performing existing duty is not good consideration
- sufficient consideration as there was a practical benefit to the promisor and the promiser suggested this in the first place
- no consideration for part payment of a debt
- consideration must move prom the promisee
3. Stevenson v McLean
- a request for information is not a counter offer
- silence does not amount to acceptance
- the acceptance has no effect until it is communicated to the offeror
- acceptance by conduct
4. Tweddle v Atkinson
- consideration need not be adequate but must be sufficient
- consideration must move prom the promisee
- Consideration must not be past
- some interest, right or profit benefiting one party and some forbearance, detriment or loss or responsibility to the other party.
5. Lampleigh v Braithwaite
- exception where past consideration is a precursor to the full consideration
- consideration need not be adequate but must be sufficient
- argument between sufficiency and adequacy confirmed that that consideration only needs to be sufficient
- performing existing duty is not good consideration
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