Contact (SQE2) Flashcards
1
Q
4 elements of consideration:
A
- Must be sufficient (have some value)
- Need not be adequate (fair)
- Must move from the promisee (must come from them not someone else)
- Must not be past (can’t use act done prior to promise to pay)
2
Q
Test for inducement - misrepresentation:
A
EITHER
1. Claimant can show that a reasonable person would be influenced AND statement maker cannot prove that it did NOT influence C
OR
- C can prove that it was personally induced
3
Q
A