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Contract > Consideration > Flashcards

Consideration Flashcards

1
Q

Tweddle v Atkinson

A

consideration must move from the claimant

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2
Q

consideration must move from the claimant

A

Tweddle v Atkinson

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3
Q

Chappell v Nestle 1960

A

The things being exchanged do not need to be valuable but sufficient

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4
Q

the things being exchanged do not need to be valuable but sufficient

A

Chappell v Nestle 1960

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5
Q

Consideration

A

A promise, performance or loss suffered in exchange for the other party’s promise

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6
Q

Case defining consideration

A

Currie v Misa

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7
Q

Currie v Misa

A

defines consideration

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8
Q

White v Bluett

A

Consideration must be real and have some value

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9
Q

Consideration must be real and have some value

A

White v Bluett

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10
Q

McArdle 1951

A

Past consideration is no consideration

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11
Q

Past consideration is no consideration

A

McArdle 1951

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12
Q

Performing a pre-existing public duty is not consideration

A

Collins v Godefroy

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13
Q

Collins v Godefroy

A

Performing a pre-existing public duty is not consideration

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14
Q

Stilk v Myrick

A

Performing a pre-existing contractual duty is not consideration

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15
Q

Performing a pre-existing contractual duty is not consideration

A

Stilk v Myrick

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16
Q

If there is an extra element to the pre-existing duty, there is consideration

A

Hartley v Ponsonby

17
Q

Hartley v Ponsonby

A

If there is an extra element to the pre-existing duty, there is consideration

18
Q

Foakes v Beer

A

Part payment of a debt is insufficient consideration for a promise to pay the remainder

19
Q

Part payment of a debt is insufficient consideration for a promise to pay the remainder

A

Foakes v Beer

20
Q

Lampleigh v Braithwait

A

Exception to past consideration is no consideration:
If a matter is so important, payment could be implied as intended by the parties

21
Q

Exception to past consideration is no consideration:
If a matter is so important, payment could be implied as intended by the parties

A

Lampleigh v Braithwait

Contract (20 decks)

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