Consideration

Question 1

Rules of consideration

Answer 1

1) consideration must move from the promisee
2) consideration must not be past
3) consideration must be sufficient but need not be adequate
4) performing exsisting legal duty in not valid consideration
5) performing exsisting contractual duty not valid consideration
6) part payment of a debt isn’t valid

Question 2

Tweedle v Atkinson

Answer 2

Showed consideration must move from the promisee

Question 3

Re mcardle

Answer 3

Past consideration isn’t valid consideration

Question 4

Lampleigh v braithwaite

Answer 4

Exception where past consideration was valid

Question 5

Thomas v Thomas

Answer 5

£1 rent was adequate

Question 6

Chappel v nestle

Answer 6

Wrappers was adequate consideration

Question 7

Collins v godefroy

Answer 7

Performing exsisting legal duty is not valid consideration

Question 8

Glasbrook bros v Glamorgan

Answer 8

Exception if you go beyond legal duty

Question 9

Stilk v myrick

Answer 9

Performaning contractual duty isn’t valid consideration

Question 10

Williams v roffey bros

Answer 10

Expection for performing exsisting contractual duty

Question 11

London property trust v high trees case

Answer 11

Promissory estoppel