Consideration Flashcards
1
Q
Currie v misa defined consideration as
A
Some right,interest,profit or benefit which is given to a party
2
Q
Sufficient not adequate
A
Thomas v Thomas, Chappel v nestle, white v bluett, ward v bytham
3
Q
Past consideration is not valid consideration
A
Re mcardle
4
Q
Exceptions under past consideration
A
Implied- re Casey’s patent
Important-lampleigh v braithwaite