Contract Law - Consideration - The rules governing consideration
In order to further determine validity of consideration, several rules have been established which will be covered in this quiz.
- Created by: Emma
- Created on: 21-05-09 15:49
Other questions in this quiz
2. What does this rule mean?
- Another party cannot sue for a third party
- Consideration cannot place a burden on a third party
- To enforce, and sue, a claimant needs to show that he supplied consideration for the promise and this was not provided by another person
3. However, what does s11 Married Women's Property Act 1882 allow?
- A surviving spouse/child can sue on a life insurance policy even though he/she was not a party to the contract
- Contracts made between married couples are not binding regardless of whether any consideration was present
- A married woman does not have to provide consideration to her husband
4. How did the case of Jackson -v- Horizon Holidays take this further?
- Only the lead name on holiday documentation can take action against the holiday company
- Allows contracting party to sue for third party
- Consideration does not need to be provided for a holiday
5. Under which Act can a third party enforce a term of the contract if it expressly provides for this or the term in question purports to confer a benefit on him?
- Law Reform (Frustrated Contracts) Act 1943
- Contracts (Rights of Third Parties) Act 1999
- Unfair Contract Terms Act 1977
- Contracts (Applicable Law) Act 1990
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