by The editor | Mar 1, 2019 | Uncategorized
This is a complex doctrine (principle) that has inflamed arguments between leading contract scholars! Put simply it is the act of giving or promising to give something or receiving or promising to receive something. Contracts are not usually binding (enforceable by...
by The editor | Jun 15, 2017 | Commercial & Contract Insights, Insights
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...
by The editor | Mar 27, 2017 | Commercial & Contract Insights, Insights, Uncategorized
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...
by The editor | Mar 1, 2016 | Commercial & Contract Insights, Insights, Uncategorized
The rules of consideration have been established over many years through case law! In summary, they can be grouped into 3 main rules. Note: some sources may refer to these rules in a different order but the principles are the same. In the video below The Law Guide UK...