 A valuable consideration in the sense of the law may consist either in some right, interest, profit, or benefit accruing to the one party, or some forbearance, detriment, loss, or responsibility given, suffered, or undertaken by the other.  Cyclopedia of Architecture, Carpentry and Building: Building superintendence ... - Page 3221909Full view - About this book
 | Great Britain. Court of Exchequer - Law reports, digests, etc - 1875 - 410 pages
...the sense of the law, may consist either in some right, interest, profit, or benefit accruing to the one party, or some forbearance, detriment, loss, or...responsibility, given, suffered, or undertaken by the other: Com. Dig. Action on the Case, Assumpsit, B* 1-15. repudiate, and claim back the proceeds any more than... | |
 | Frederick Pollock - Contracts - 1876 - 694 pages
...sense of the law, may consist / either in some right, interest, profit, or benefit accruing to the one party, or some forbearance, detriment, loss, or...responsibility, given, suffered, or undertaken by the other" (b). Tho difference is (n) Cp. the ranarkn of the Court in ch. 1. in Eilyvnre Itiijkimty Hd. \. Harrow... | |
 | Sir Mackenzie Dalzell Edwin Stewart Chalmers - Negotiable instruments - 1878 - 366 pages
...consideration has been defined. defined as " some right, interest, or benefit accruing to the one l>nrty, or some forbearance, detriment, loss, or responsibility given, suffered, or undertaken by the other."1 The Courts do not inquire into the adequacy of a lona fide consideration.1 This was always... | |
 | Sir William Reynell Anson - Agency (Law). - 1879 - 486 pages
...consideration in the sense LR ioExch. iif the law may consist either in some right, interest, profit, nr benefit accruing to one party, or some forbearance,...responsibility given, suffered, or undertaken by the other-.' Such being the definition of consideration, we may proceed to state — 1. That consideration ia necessary... | |
 | Sir William Reynell Anson - Agency (Law) - 1880 - 494 pages
...sense of the law may [Train v consist either in some right, interest, profit or benefit Qold,5Pick. accruing to one party, or some forbearance, detriment,...responsibility given, suffered, or undertaken by the other." Such being the definition of consideration, we may proceed to state: General 1. That consideration... | |
 | Sir Mackenzie Dalzell Edwin Stewart Chalmers - Negotiable instruments - 1881 - 418 pages
...another ground, 1 App. Cas. 554. defined. defined as "some right, interest, or benefit accruing to the one party, or some forbearance, detriment, loss, or...given, suffered, or undertaken by the other."' The Courts do not inquire into the adequacy of a bond fide consideration. 2 This was always the law as... | |
 | Frederick Pollock - Contracts - 1881 - 848 pages
...the sense of the law, may consist either in some right, interest, profit, or benefit accruing to the one party, or some ^forbearance, detriment, loss,...responsibility, given, suffered, or undertaken by the other " (a). An act or forbearance of the one party, present or promised, in the price for which the promise... | |
 | W. D. Thorburn - Bills of exchange - 1882 - 316 pages
...law of England a bill must be granted for value. The consideration for a simple contract may be any right, interest, profit, or benefit, accruing to one...responsibility given, suffered, or undertaken by the other, Currie v. Misa, LR 10, Ex. 153, 827. vide, p. 162. The consideration must be real, Wade v. Simeon,... | |
 | John Bouvier - Law - 1883 - 870 pages
...9 ; 4 111. 33 ; 5 Humphr. 19; 4 Blackf. 388; 3 CB 321 ; 4 East, 55. ' 'A valuable consideration may consist either in some right, interest, profit, or...responsibility given, suffered, or undertaken by the other;" LR 10 Ex. 162. See 5 Pick. 380. A valuable consideration Is usually In some way pecuniary, or convertible... | |
 | Sir John Macdonell - Gt. Brit. Laws, Statutes, etc - 1883 - 792 pages
...judgment of the Court in Currie v. Misa (c), " some right, interest, profit or benefit accruing to the one party, or some forbearance, detriment, loss or...suffered, or undertaken by the other." The consideration need not be such as in fairness would be adequate ; that is a matter for the parties to the agreement.... | |
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