Consideration Flashcards

1
Q

What is consideration

A
Essential for valid contract 
Need for exchange price paid for promise
Combe v Combe 
Husband and wife separated 
Promised to pay 100 pound a year
No consideration
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2
Q

Pinnels case

A

Part payment of debt does not discharge full debt

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3
Q

Consideration cannot be past

A

Roscola v Thomas

Said horse was sound and wasn’t

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4
Q

Consideration must move from promisee

A

Twaddle v Atkinson
Father and bridges father
One didn’t pay and died
No consideration

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5
Q

Consideration must be sufficient but need not be adequate

A

Thomas v Thomas
House for 1 pound
Compare to white v bluett
Consideration vague

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6
Q

Part payment of debt

A

Foakes v beer
Holds interest
Part payed not sufficent consideration

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7
Q

When is consideration not sufficent

A
Performance of existing public duty
Collins v Godfrey 
Court
Ward v byham 
Baby
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