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" 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 67
by Sir William Reynell Anson - 1884 - 372 pages
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Engineering Contracts and Specifications: Including a Brief Synopsis of the ...

John Butler Johnson - Engineering - 1901 - 452 pages
...necessary to go into that subject here very fully. A "valuable consideration" in the eyes of the law is "some right, interest, profit, or benefit, accruing...given, suffered, or undertaken by the other." Such a consideration is necessary to enforce a written agreement the same as would be necessary with an...
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The Ontario Law Reports: Cases Determined in the Court of Appeal ..., Volume 19

Law reports, digests, etc - 1910
...respect of an existing debt constituted a valuable 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...
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Journal of the Canadian Bankers' Association, Volumes 1-8

Canadian Bankers' Association - Banks and banking - 1901
...in giving the judgment of the Exchequer Chamber, said : — " 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...
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Principles of Law: Law in General; Personal Rights; Property; Wills; Contracts

Contracts - 1903
...affinity by marriage." VALUABLE CONS1DERAT1ON 11. Value.— 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...
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Advertisers' Guardian

1902
...generally look upon as being valuable. "valuable?" What then is " valuable consideration" in Law? It 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...
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Principles of the Law of Real Property in New South Wales: Intended for the ...

Richard Edgar Kemp - Real property - 1903 - 590 pages
...having at the time of the conveyance any notice of such fraud (*). A valuable consideration in the sense of the law may consist either in some right, interest,...responsibility given, suffered, or undertaken by the other (t). A conveyance in which the consideration is not valuable, but is " natural love and affection,"...
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A Selection of Cases on the Law of Contracts, Volume 1

Samuel Williston - Contracts - 1903
...sense of the law may cofi-\ Bist 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." Courts " will not ask whether the thing which forms the consideration does in fact benefit the promisee...
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The Judicial Dictionary, of Words and Phrases Judicially ..., Volume 1

Frederick Stroud - Encyclopedias and dictionaries - 1903 - 2302 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, or...responsibility given, suffered, or undertaken by the other. — Com. Dig. Action on the Case, Assumpsit, B. 1-15 " (per Lush, J., Currie v. Misa, 44 LJ Ex. 99;...
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The Elements of Mercantile Law

Thomas Moffitt Stevens, Herbert Jacobs - Commercial law - 1903 - 483 pages
...Consideration. This has been defined as " 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 " (x). It is divisible into executed, or executory, and past or present. Executed consideration exists...
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Lawyers' Reports Annotated, Book 59

Law reports, digests, etc - 1903
...void or imperfect contract. Webster v. Zielly, 52 Barb. 483. 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, The statute once waived cannot be subsequently invoked....
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