 A valuable consideration, in the sense of the law, may consist either in some right, interest, profit, or benefit accruing to the one party, or some forbearance, detriment, loss or responsibility given, suffered, or undertaken by the other.  Principles of the English Law of Contract and of Agency in Its Relation to ... - Page 65by Sir William Reynell Anson - 1884 - 372 pagesFull view - About this book
 | Michigan. Supreme Court, Randolph Manning, George C. Gibbs, Thomas McIntyre Cooley, Elijah W. Meddaugh, William Jennison, Hovey K. Clarke, Hoyt Post, Henry Allen Chaney, William Dudley Fuller, John Adams Brooks, Marquis B. Eaton, Herschel Bouton Lazell, James M. Reasoner, Richard W. Cooper - Law reports, digests, etc - 1916 - 802 pages
...they broke ground for that mill in September, 1912." "A 'valuable consideration,' in a legal sense, may consist either in some right, interest, profit,...benefit accruing to one party, or some forbearance, loss, or responsibility given, suffered, or undertaken by the other." Words and Phrases, vol. 2, p.... | |
 | Great Britain. Court of Exchequer - Law reports, digests, etc - 1875 - 410 pages
...only one of many kinds of what the law calls consideration. A valuable consideration, in the sense of the law, may consist either in some right, interest, profit, or benefit accruing to the one party, or some forbearance, detriment, loss, or responsibility, given, suffered, or undertaken... | |
 | Frederick Pollock - Contracts - 1876 - 694 pages
...sense of the law, may consist / either in some right, interest, profit, or benefit accruing to the one party, or some forbearance, detriment, loss, or...responsibility, given, suffered, or undertaken by the other" (b). Tho difference is (n) Cp. the ranarkn of the Court in ch. 1. in Eilyvnre Itiijkimty Hd. \. Harrow... | |
 | Frederick Pollock - Contracts - 1876 - 692 pages
...fuller one has lately been given in the Exchequer Chamber : "A valuable consideration, in the sense of the law, may consist either in some right, interest, profit, or benefit accruing to the one party, or some forbearance, detriment, loss, or responsibility, given, suffered, or undertaken... | |
 | Sir Mackenzie Dalzell Edwin Stewart Chalmers - Negotiable instruments - 1878 - 366 pages
...consideration has been defined. defined as " some right, interest, or benefit accruing to the one l>nrty, or some forbearance, detriment, loss, or responsibility given, suffered, or undertaken by the other."1 The Courts do not inquire into the adequacy of a lona fide consideration.1 This was always... | |
 | Sir William Reynell Anson - Agency (Law). - 1879 - 486 pages
...consideration in the sense LR ioExch. iif the law may consist either in some right, interest, profit, nr benefit accruing to one party, or some forbearance,...definition of consideration, we may proceed to state — 1. That consideration ia necessary to the validity of every General promise not under seal. S£rito£... | |
 | Sir Mackenzie Dalzell Edwin Stewart Chalmers - Negotiable instruments - 1881 - 418 pages
...another ground, 1 App. Cas. 554. defined. defined as "some right, interest, or benefit accruing to the one party, or some forbearance, detriment, loss, or...responsibility given, suffered, or undertaken by the other."' The Courts do not inquire into the adequacy of a bond fide consideration. 2 This was always the law... | |
 | Frederick Pollock - Contracts - 1881 - 848 pages
...the sense of the law, may consist either in some right, interest, profit, or benefit accruing to the one party, or some ^forbearance, detriment, loss,...responsibility, given, suffered, or undertaken by the other " (a). An act or forbearance of the one party, present or promised, in the price for which the promise... | |
 | United States. Supreme Court - Law reports, digests, etc - 1881 - 822 pages
...instrument ; but a valuable consideration in the sense of the law, as the court remarked in that case, may consist either in some right, interest, profit, or benefit accruing to th'' one party, or some extension of time of payment, detriment, loss, or responsibility given, suffered,... | |
 | W. D. Thorburn - Bills of exchange - 1882 - 316 pages
...law of England a bill must be granted for value. The consideration for a simple contract may be any right, interest, profit, or benefit, accruing to one...responsibility given, suffered, or undertaken by the other, Currie v. Misa, LR 10, Ex. 153, 827. vide, p. 162. The consideration must be real, Wade v. Simeon,... | |
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