Consideration Flashcards

(10 cards)

1
Q

Dunlop Pneumatic Tyre Co Ltd v Selfridge & Co Ltd [1915]

A

consideration must move from the promisee

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2
Q

Thomas v Thomas [1842]

A

consideration must be sufficient - “some value in the eyes of the law”

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3
Q

Chappell & Co v Nestlé Co Ltd [1960]

A

Consideration need not be adequate, but it must be sufficient.

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4
Q

Re McArdle [1951]

A

past consideration is not good consideration

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5
Q

Foakes v Beer [1884]

A

A promise to pay part of the debt cannot normally be sufficient consideration

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6
Q

Collins v Godefroy [1831]

A

A promise to perform a public duty imposed by law is not normally sufficient consideration

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7
Q

Lampleigh v Braithwait [1615]

A

doctrine of implied assumpsit - assume that the service was meant to be paid for and will enforce a later promise to pay

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8
Q

Stilk v Myrick [1809]

A

No valid consideration where there is an existing contractual duty

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9
Q

Combe v Combe [1951]

A

The equitable doctrine of promissory estoppel can sometimes be used to enforce an agreement that might otherwise fail due to a lack of consideration. prevents party A from withdrawing a promise made to party B, if party B has reasonably relied on that promise

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10
Q

Hughes v Metropolitan Railway [1877],

A

promissory estoppel will be only suspensory

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