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law paper 3 > Consideration > Flashcards

Consideration Flashcards

1
Q

consideration

A

thing provided by both parties it must be real and of value (chappel v nestle)

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2
Q

performance of existing duty

A

(Stilk v myrick)
exception- doing something extra (heartly v ponsoby)

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3
Q

past consideration

A

ReMcArdle
exception- implied promise to pay (lampleigh v Braithwaite)

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4
Q

part payment of debt

A

pinnel
exceptions:
accepting something other than money
paying earlier than date

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law paper 3 (4 decks)

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