Consideration

Question 1

consideration

Answer 1

thing provided by both parties it must be real and of value (chappel v nestle)

Question 2

performance of existing duty

Answer 2

(Stilk v myrick)
exception- doing something extra (heartly v ponsoby)

Question 3

past consideration

Answer 3

ReMcArdle
exception- implied promise to pay (lampleigh v Braithwaite)

Question 4

part payment of debt

Answer 4

pinnel
exceptions:
accepting something other than money
paying earlier than date