Consideration is actually absolutely necessary for the formation
of contracts. A contract that does not have consideration is
basically invalid unless one party can show detrimental
reliance.
Consideration is actually absolutely necessary for the formation
of contracts. A contract that does not have consideration is
basically invalid unless one party can show detrimental
reliance.
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consideration need NOT be adequate but must be sufficient.
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Consideration means that you prepare every message with the
recipient in mind and try to put yourself in his or her place.
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Executed and executory consideration is enforced by the common law courts but a past consideration is not. This is because a past consideration arises where the work is done before the obligation or offer to pay is made. See the case of EASTWOOD VRS KENYON.
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difference between Indian and English law under
consideration