 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
 | Louis Arthur Goodeve - Real property - 1897 - 632 pages
...right, interest, ' profit, or benefit, accruing to him or, at his request, to a stranger ; or (8), some forbearance, detriment, loss, or responsibility, given, suffered, or undertaken by the other party to the contract or assurance. A few examples will render this more clear. A., in consideration... | |
 | Arthur Reginald Rudall - Land titles - 1899 - 294 pages
...denned in Currie r. Mira (LR, 10 Exch. 162) : — " A valuable consideration in the sense of the law may consist either in some right, interest, profit, or...responsibility given, suffered, or undertaken by the other." Estate of 31. A transfer for valuable consideration of freehold for valuable land registered with a... | |
 | Wilton C. Eddis - 1899 - 296 pages
...party. A standard definition is as follows: " 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." A Legal Consideration is, as the name implies, one that is not contrary to law. A Moral Consideration... | |
 | Wilton C. Eddis - 1899 - 302 pages
...party. A standard definition is as follows: " 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." A Legal Consideration is, as the name implies, one that is not contrary to law. A Moral Consideration... | |
 | Law - 1900 - 460 pages
...consideration which is defined to be "either 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:" May on Fraudulent Conveyances, 244. As in conflict with this position and as holding that the Loug... | |
 | Appellate courts - 1901 - 914 pages
...Clark, Cont. § 64, defines "consideration" as "something having value in the eye of the law. It may consist either in some right, interest, profit, or...responsibility given, suffered, or undertaken by the other''; or, to express it in fewer words, as earnestly insisted by the learned attorney for the appellants,... | |
 | John Butler Johnson - Engineering - 1901 - 480 pages
...necessary to go into that subject here very fully. A "valuable consideration" in the eyes of the law is "some right, interest, profit, or benefit, accruing...responsibility given, suffered, or undertaken by the other." Such a consideration is necessary to enforce a written agreement the same as would be necessary with... | |
 | Canadian Bankers' Association - Banks and banking - 1901 - 508 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." That definition had been constantly accepted as correct. Their Lordships so treated it, and, if correct,... | |
 | International Correspondence Schools - Contracts - 1903 - 636 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." As will readily be seen, the second half of this definition is the more important. It makes little... | |
 | 1902 - 394 pages
...consideration" in Law? It 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. And, subject Repetition to what has formerly been said herein, no promise is better than binding on... | |
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