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The rules of consideration have been established over many years through case law. In summary, they can be grouped into 3 man rules. We have taken a look at rule 1 and 2. Now we look at rule 3:-
“Consideration must move from the promisee”.
In this video the Law Guide UK also look at the case of Price v Easton (1833).
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The rules of consideration have been established over many years through case law. In summary, they can be grouped into 3 man rules. We have taken a look at rule 1. Now we look at rule 2:- “Consideration must be sufficient but does not have to be adequate”. In this...