consideration

Question 1

definition

Answer 1

thing each party puts into a contract benefit and detriment both sides (currie v misa) must be sufficient (white v bluett) but need not be adequate(chapple v nestle)

Question 2

performance of existing duty

Answer 2

stilk and myrick
exceptions: doing something extra (heartly ponsoby)
extra benefit (williams v roffey)

Question 3

past consideration

Answer 3

remcardle
exception: implied promise to pay (lampleigh)

Question 4

part payment of debt

Answer 4

pinnel
exceptions
accepting soemthing other than money
paying smaller amount
different location