Consideration

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Law 241 Contract

Last updated 2:24 AM on 5/26/26
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20 Terms

1
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Stilk v Myrik

Performing a duty you were already contracted to do is not valid consideration

2
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sailors

Stilk v Myrik

3
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Williams v Roffey Bros & Nicholls

In variation a practical benefit is valid consideration

4
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contractor

Williams v Roffey Bros & Nicholls

5
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Part payment of debt is not good consideration for creditor to not claim full debt later on

Foakes v Beer

6
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interest

Foakes v Beer

7
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Foakes v Beer

Payment of a lesser sum cannot be satisfaction for a greater sum - Pinnels case

8
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Re Selectmove Ltd

Practical benefit from part payment of debt is not good consideration

9
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inland revenue

Re Selectmove Ltd

10
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11
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MWB Business Exchange Ltd v Rock Advertising Ltd

part payment and a practical benefit that is good enough to forgive rest of debt is valid consideration

12
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maintaining contractual relationship

MWB Business Exchange Ltd v Rock Advertising Ltd

13
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Hamer v Sidway

Consideration can be some right, interest, profit or benefit or some forbearance, detriment, loss or responsibility given or suffered. - The Exchequer Chamber, in 1875

14
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no smoke or drink

Hamer v Sidway

15
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Chappel v Nestle

Consideration need not be adequate

16
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wrappers

Chappel v Nestle

17
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Collins v Godefroy

Preexisting legal duty not good consideration

18
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siuuuupeena

Collins v Godefroy

19
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Scotson and Others v Pegg

A promise can be good consideration for a contract even if the same thing was promised to a third party in another contract

20
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coal

Scotson and Others v Pegg