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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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The ownership and use of personal property

Albert Sidney Bolles - Law - 1905
...definition a fuller one may be given. Says Lawson: "A consideration which will support a simple contract is some right, interest, profit, or benefit, accruing...responsibility, given, suffered or undertaken by the other." 3. A consideration need not be adequate. A court will not inquire into the exact proportion between...
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The Principles of the American Law of Contracts at Law and in Equity

John Davison Lawson - Contracts - 1905 - 688 pages
...negotiable instruments.5 98. Consideration Defined. Consideration has been frequently defined as "some right, interest, profit, or benefit accruing to one party, or some forbearance, detriment, Joss, or responsibility given, suffered, or undertaken by the other,"1 or more briefly, a benefit to...
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Jurisprudence, Law and Ethics: Professional Ethics

Edgar Benton Kinkead - Jurisprudence - 1905 - 381 pages
...Scott, 238; Holland Jur. 249.) Consideration is of two kinds, good and valuable, the latter consisting in some right, interest, profit, or benefit accruing to one party, or some loss, responsibility given, suffered or undertaken by the other, while good consideration rests upon...
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Principles of the Law of Personal Property: Intended for the Use of Students ...

Joshua Williams - Conveyancing - 1906 - 656 pages
...required to support a promise is a valuable consideration (7). A valuable consideration, in the sense of the law, may consist either in some right, interest,...or responsibility given, suffered or undertaken by (I) See Pillaw v. Van Mierop, 3 Burr. 1663 (AD 1765); Rann Y. Hughet, 7 TK 350, n. (1778). (m) It WHH...
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Ohio Circuit Court Reports: New Series, Volume 7

Ohio. Circuit Court - Law reports, digests, etc - 1906
...was fully complied with by both parties Valuable consideration, in the sense of the law, may consist in some right, interest, profit, or benefit accruing...responsibility given, suffered, or undertaken by the other. Any bon-a fide consideration, however slight, which works any benefit to the one party or any injury...
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Elphinstone's Introduction to Conveyancing: With an Appendix Dealing with ...

Sir Howard Warburton Elphinstone, Gilbert Harrison John Hurst, Lancelot Henry Elphinstone - Conveyancing - 1906 - 624 pages
...the sense of the law, may consist cither 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 " ; Currie v. Misa, LR 10 Ex. at p. 162. CONSIDERATION. 73 consideration moving from you, and the law...
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Report of Cases Determined by the Supreme Court of Appeals of ..., Volume 60

West Virginia. Supreme Court of Appeals - Law reports, digests, etc - 1906
...page 46, Mr. Justice Clifford, speaking for the court, says: "A valuable consideration in the sense of the law, * * * may consist either in some right, interest, profit, or benefit accruing to the property, or some extension of time of payment, detriment, loss or responsibility given, suffered...
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The Canadian Law of Banks and Banking: The Clearing House, Currency ...

John Delatre Falconbridge - Banking law - 1907 - 694 pages
...in the case of Currie v. Misa, 1875, LR 10 Ex. 153, 4 BC 316: "A valuable consideration in the sense of the law may consist either in some right, interest,...responsibility given, suffered, or undertaken by the other." Consideration is therefore something done, forborne, or suffered, or promised to be done, forborne,...
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Journal of the Canadian Bankers' Association, Volume 14

Canadian Bankers' Association - Banks and banking - 1907
...consideration" in English law is given in Currie v. Misa, as follows: "A valuable consideration in the sense of the law may consist either in some right, interest,...responsibility, given, suffered or undertaken by the other." The leading case of Bainbridge v. Firmstone well illustrates the latter part of the definition. Firmstone...
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Every-day Law, Or, The Law of Usual Contracts

Robert Cowan Strong, Claude Baker Denson - Contracts - 1907 - 355 pages
...consideration in the case of Curry v. Mislar, 10 Exc., 153: 'A valuable consideration, in the sense of the law, may consist either in some right, interest,...responsibility given, suffered or undertaken by the other.' " While this is more elaborate than the one given by Mr. Smith,5 it is comprehended in Mr. Smith's...
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