consideration

Question 1

some right, interest, profit or benefit which is given to the other party

Answer 1

(Currie v Misa)

Question 2

consideration must be real

Answer 2

(Thomas v Thomas)

Question 3

consideration must be sufficient but not adequate

Answer 3

(Chappel v Nestle)

Question 4

past consideration is not valid consideration

Answer 4

(Re Mcardle)

Question 5

exceptions to past consideration
-implied promise to pay

Answer 5

(Re Casey’s Patent)

Question 6

exceptions to past consideration
-important matter

Answer 6

(Lampleigh v Braithwaite

Question 7

performing a pre-existing duty

Answer 7

(Stilk v Myrik)

Question 8

exceptions to pre-existing duty
-extra element required

Answer 8

(Williams v Roffey Bros)
-allows the other party to avoid a detriment