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" 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. "
The Pacific Reporter - Page 86
1892
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Michigan Reports: Cases Decided in the Supreme Court of Michigan, Volume 186

Michigan. Supreme Court, Randolph Manning, George C. Gibbs, Thomas McIntyre Cooley, Elijah W. Meddaugh, William Jennison, Hovey K. Clarke, Hoyt Post, Henry Allen Chaney, William Dudley Fuller, John Adams Brooks, Marquis B. Eaton, Herschel Bouton Lazell, James M. Reasoner, Richard W. Cooper - Law reports, digests, etc - 1916 - 802 pages
...they broke ground for that mill in September, 1912." "A 'valuable consideration,' in a legal sense, may consist either in some right, interest, profit,...benefit accruing to one party, or some forbearance, loss, or responsibility given, suffered, or undertaken by the other." Words and Phrases, vol. 2, p....
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Albany Law Journal, Volume 46

Law - 1892 - 560 pages
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The Law Reports. Court of Exchequer: From Michaelmas Term, 1865 ..., Volume 10

Great Britain. Court of Exchequer - Law reports, digests, etc - 1875 - 410 pages
...payable immediately. The giving time is only one of many kinds of what the law calls consideration. A valuable consideration, in the sense of the law,...some right, interest, profit, or benefit accruing to the one party, or some forbearance, detriment, loss, or responsibility, given, suffered, or undertaken...
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Principles of Contract at Law and in Equity: Being a Treatise on ..., Page 776

Frederick Pollock - Contracts - 1876 - 688 pages
...made has any labour or detriment " (a). A fuller one has lately been given in the Exchequer Chamber : "A valuable consideration, in the sense of the law,...some right, interest, profit, or benefit accruing to the one party, or some forbearance, detriment, loss, or responsibility, given, suffered, or undertaken...
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Principles of Contract at Law and in Equity: Being a Treatise on the General ...

Frederick Pollock - Contracts - 1876 - 694 pages
...' A fuller one has lately been given in the Exchequer ( 'hamher : "A valuable consideration, in tho 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...
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A Digest of the Law of Bills of Exchange, Promissory Notes and Cheques

Sir Mackenzie Dalzell Edwin Stewart Chalmers - Negotiable instruments - 1878 - 362 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...
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Principles of the English Law of Contract

Sir William Reynell Anson - Agency (Law). - 1879 - 482 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...
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The Federal Reporter: Cases Argued and Determined in the ..., Volumes 109-110

Law reports, digests, etc - 1901 - 2116 pages
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Principles of the Law of Contract

Sir William Reynell Anson - Agency (Law) - 1880 - 490 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...
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