Rules of consideration: Consideration need not be adequate but must be sufficient- cards checked Flashcards
What cases go with consideration need not be adequate but must be sufficient?
-Thomas V Thomas
-Chappell V Nestle
-White V Bluett
-Ward V Byham
Thomas V Thomas
-wife staying in house after he died- not stated in will but wished her to stay
-The executors carried out the wish and charged her nominal £1 a year.
-CONSIDERATION by £1 rent.
Chappell V Nestle
-Chocolate wrappers sufficient consideration.
-consideration must have some economic value even if small.
White V Bluett
-A promise not sufficient consideration (whining son).
Ward V Byham
-care and affection was consideration. (pay mother of child for keeping them happy- stopped paying).
What is meant by consideration need not be adequate but must be sufficient?
-a promise will only be enforced by courts if something of value is given in return
-this does not have to be a representational/ proportionate value.