 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
 | Kenny Chin - Law - 2000 - 180 pages
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 | David Barker - Law - 2000 - 260 pages
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 | Susanne Nachtigäller - 2000 - 204 pages
...Rheinstein, S. 79 ff. 269 Currie v Misa (1875) LR 10 Ex. 153 (162): "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... | |
 | Richard A. Rosen - Law - 2000 - 2486 pages
...past will not support a new legal obligation under a release.8 Consideration may be based on either "some right, interest, profit or benefit accruing to one party, or some forbearance, detriment, loss of responsibility given, suffered or undertaken by the other."9 Surrendering a legal right constitutes... | |
 | Keith Owens - Business & Economics - 2001 - 808 pages
...CONSIDERATION The two most commonly quoted definitions of consideration are: (a) a valuable consideration... may consist either in some right, interest, profit...responsibility given, suffered or undertaken by the other; CurrievMisa (1875) The main criticism of this definition is that it fails to make it clear that the... | |
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