Consideration

    Cards (39)

    • What is consideration?
      when something is given by one party in return for something else from the other party
    • What do parties recieve?
      One party recieves a benefit and the other a detriment.
    • Rules of consideration:
      Consideration cannot come from an existing duty
      Consideration must be sufficient
      Consideration must be tangible or identifiable
      Consideration cannot be past
    • If a party does something but was already recquired to do it, this is not consideration.
    • They are already obliged to do it by law and are not giving anything extra.
    • Under what does duty exist?
      contract or law
    • In Stilk v Myrick, across 8 sailors the work of 2 others was not classed as anything more than what was in the contract. No extra consideration was given.
    • In Hartley v Ponsonby, across 8 sailors the work of 17 other more was calssed as going beyond their contractual duty. Extra consideration was given.
    • In Williams v Roffey, where a practical benefit is gained for performing an existing contractual duty is extra consideration.
    • What cases fall under contract duty?
      Stilk v Myrick, Hartley v Ponsonby and Williams v Roffey
    • In Collins v Godefroy as he was already obliged to give evidence in court there was not extra consideration given.
    • In Glassbrook Bros v Glamorgan CC, providing a large police patrol during mining strikes was beyond their legal duty so extra consideration was given.
    • In Ward v Byham, the £1 maintanence to keep the child well look after and happy was extra as she was not only maintaining the child but also keeping it well looked after and happy.
    • What cases fall under law?
      Collins v Godefroy, Glasbrook Bros v Glamorgan CC, Ward v Byham
    • Consideration must be sufficient means a party must provide something of recognisable value, however trivial. It does not have to be of an adequate amount.
    • In Thomas v Thomas, £1 rent per year was not adequate. It was sufficient consideration as it was of some recognisable value.
    • Chappell v Nestle, choclate wrappers were clearly not of an adequate value, but were suffiecient consideration.
    • Consideration must be tangible or identifiable means it cannot be something vague. It needs to be tangible or identifiable.
    • In White v Bluett, a promise to stop complaining in exchange for money was too vague. It could not be identified or enforced.
    • What case shows consideration must be tangible or identifiable?
      White v Bluett
    • consideration cannot be past means if a party has already done something this is not consideration as it was not done at the point of the contract being formed.
    • In Roscorla v Thomas, the promise of the horse being "sound and free from vice" came after the sale.
    • In Re McArdle, the decorating took place before the agreement to pay money for it. It was past consideration.
    • What case refers to a horse?
      Roscorla v Thomas
    • What case refers to decorating?
      Re Mcardle
    • Exemption to the rule of past consideration:
      Past consideration is valid where it was expected or implied all along.
    • Lampleigh v Braithwaite, after being pardoned, he promised to pay £100 for it. This was consideration as payment was expected all along. The later promise of £100 simply confirmed the precise amount.
    • In Re Casey's Patents, the statement about shares came after the work but was simply securing a payment that was expected all along.
    • What case it was pardoned?
      Lampleigh v Braithwaite
    • What case was the statement about shares?
      Re Casey's Patents
    • In what case 8 sailors had to do the work of other 2?
      Stilk v Myrick
    • In what case 8 sailors had to do the work of other 17?
      Hartley v Ponsonby
    • In what case was there a practical benefit?
      Williams v Roffey
    • In what case was P expected to give evidence in court?
      Collins v Godefroy
    • In what case did they provide large police patrol?
      Glassbrook Bros v Glamorgan CC
    • In what case was there £1 maintenance?
      Ward v Byham
    • In what case was there £1 per yer rent?
      Thomas v Thomas
    • In what case was there involved chocolate wrappers?
      Chappell v Nestle
    • In what case was there a promise to stop complaining?
      White v Bluett
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