Consideration Flashcards
Chappel v Nestle [1960]
Consideration need not be adequate but it must be sufficient
White v Bluett [1853]
Not doing someting does not usually amount to consideration
Ruscorla v Thomas
Past consideration is not good consideration
Lampleigh v Braithwait (1615)
Past consideration can be good consideration as long as 3 conditions are satisfied, one of which that the act was done at the promisor’s request
Re Casey’s Patients
Past consideration can be good consideration as long as 3 conditions are satisfied, one of which is that the parties understood from the outset that the act was to be rewarded in some way
Stilk v Myrick (1809)
Performance of an existing contractual duty owed to the other party will not be sufficient consideration in exchange for promise from other party for more money
Hartley v Ponsonby (1857)
Exceeding contractual obligations will amount to consideration (question of policy and degree)
Williams v Roffey Bros [1991]
In cases where the defendant has received a practical or commercial benefit and where there is no evidence of duress or fraud, performance of commercial duties may amount to sufficient consideration
Foakes v Beer (1884)
Part Payment of a debt is not usually consideration for a promise by creditor to forgo the balance due
Pinnel’s Case (1602)
Part payment of a debt is not usually consideration for a promise by creditor to forgo the balance dye except where it can be shown that something differed was offered to the creditor which they accepted
Central Property Trust Ltd v High Trees House Ltd [1947]
Promissory Estoppel - Where a party to a contract has, by words or conduct, made a promise to the other to forgo a legal right, then once the other party has acted on it he will have a good defence to any claim brought by the promisor
Hughes v Metropolitan Railway Company (1877)
Promissory Estoppel - The promise to waive a legal right may be implied
WJ Alan & Co v El Nasr [1972]
Promissory Estoppel - Promise must act on a promise - does not mean it has to be a detriment, all requires is an alterationo f action
Emmanuel Ejayi v R T Briscoe
The promise only becomes final and irrevocable if the promisee cannot resume his position; otherwise the promisor can resile from his promise on giving reasonable notice
Combe v Combe [1951]
Promissory estoppel can only be used as a shield not a sword