Moral Obligation and Consideration Flashcards
1
Q
Sheldon v. Blackman
A
Reasonable inadequacy of the amount for consideration does not amount to a failure of consideration
Moral Obligation
2
Q
Banco do Brasil v. Anitgua
A
SOL issues may arise but later promises that contain nothing inconsistent with with an intention to pay an existing debt may be enforeceable.
Moral Obligation
3
Q
Harrington v. Taylor
A
A humanitarian act that is voluntarily performed does not consitute a consideration.
Moral Obligation
4
Q
Webb v. McGowin
A
However, a moral obligation may replace a consideration when the consideration was not offered prior to the act
Moral Obligation
