Contract Law: Consideration and Enforceability
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Questions and Answers

Deeds are the ______ to consideration.

exception

In the case of White v Bluett (1853), it was noted that the son's stopping of nagging is not valuable ______.

consideration

If there is no ______, there is no benefit or no detriment moving from one party to the other.

consideration

Consideration is useless unless it is ______ in the eyes of the law.

<p>valuable</p> Signup and view all the answers

A ______ of gift can be executed and then registered at the Deeds Registry.

<p>deed</p> Signup and view all the answers

Each party must give up something and each party must ______ something.

<p>gain</p> Signup and view all the answers

Contracts without ______ are often times made rashly, emotionally, or on the spur of the moment.

<p>consideration</p> Signup and view all the answers

In the case of Collins v Air Jamaica Ltd (2007), the court held that the promise the previous management had made was made ______ and not rationally.

<p>emotionally</p> Signup and view all the answers

In the case of Collins v Air Jamaica Ltd (2007), the court stated that any action (periods of service/work) he did would have been ______ consideration.

<p>past</p> Signup and view all the answers

Executed ______ is when the promise is made in return for an act, usually in unilateral contracts.

<p>consideration</p> Signup and view all the answers

If a contract was made by the previous government, the current one has to ______ it.

<p>honour</p> Signup and view all the answers

Consideration is based on the doctrine of ______.

<p>reciprocity</p> Signup and view all the answers

The ______ legislation provides an exception to the requirement of consideration.

<p>Bill of Exchange</p> Signup and view all the answers

In the case of ______ v Harper (1880), it was shown that a party could profit from an agreement even without providing consideration.

<p>Lloyd's</p> Signup and view all the answers

In the case of ______ v. Thomas (1842), consideration was found to be sufficient even though it appeared inadequate.

<p>Thomas</p> Signup and view all the answers

Consideration need not move to the ______.

<p>promisor</p> Signup and view all the answers

The court is not measuring the comparative ______ of what is being exchanged, but rather what is of value to the respective parties.

<p>value</p> Signup and view all the answers

In contract law, consideration must be ______ but it doesn't have to be adequate.

<p>sufficient</p> Signup and view all the answers

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