 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
 | Law reports, digests, etc - 1891 - 1156 pages
...exchequer chamber in 1875 defined "consideration" as follows: "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... | |
 | Law reports, digests, etc - 1890 - 1134 pages
...fact and in law." See, also, Barnum v. Barnum, 8 Conn. 469. "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... | |
 | Law reports, digests, etc - 1908 - 1160 pages
...the plaintiff [promisee]." Stated with greater elaboration, "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... | |
 | Electronic journals - 1914 - 812 pages
...parties." 40 The elaborate definition given in Currie v. Misa, 41 "A valuable consideration in the sense of the law may consist either in some right, interest,...responsibility given, suffered, or undertaken by the other." contains in substance the same principle. 42 The definitions of modern American text writers often... | |
 | Henry William May - Bills of sale - 1887 - 760 pages
...the law may consist either in some right, in- sidcration. terest, profit, or benefit accruing to the one party, or some forbearance, detriment, loss, or...responsibility given, suffered, or undertaken by the other. Under both statutes, of course, such a consideration Consideraas " 5s. and other valuable considerations"... | |
 | Joel Prentiss Bishop - Contracts - 1887 - 824 pages
...v. Harrow Dist. Gas Co. Law Rep. 10 QB 92, 95. Lash, J — "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... | |
 | Law reports, digests, etc - 1918 - 1258 pages
...consideration may consist of some right, Interest, profit or benefit accruing to one party, or somte forbearance, detriment, loss, or responsibility given, suffered, or undertaken by the other.' 3 Am. & 'Ens;. Cyclopedia of Law, S31; Currie v. Misa, LR 10 Ex. 1G2 ; Chitty on Coiit. (9th Am. Ed.)... | |
 | Law reports, digests, etc - 1889 - 952 pages
...Cont. Enl. ed. §§ 76, 77, 78, and authorities there cited. 2. A valuable consideration in the sense of the law, may consist either in some right, interest,...responsibility given, suffered or undertaken by the other. Am. and Eng. Encyclop. Law, 831. Hence, it was a good consideration to the plaintiff for his assent,... | |
 | Frederick Scott Wait - Creditors' bills - 1889 - 874 pages
...Consideration has been said to 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." 1 The subject cannot be here considered from an elementary point of view in all its ramifications,... | |
 | Thomas Hodgins - Banking law - 1890 - 336 pages
...consideration. 3 law may consist either in some right, interest, profit, or benefit accruing Sec. 2. to the one party, or some forbearance, detriment, loss, or...responsibility, *~~ given, suffered, or undertaken by the other: Comyn's Digest, Action on Case, Assumpsit B. 1-15. It excludes illegal or immoral considerations. But... | |
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