 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 861892Full view - About this book
 | Frederick Scott Wait - Creditors' bills - 1884 - 808 pages
...Consideration has been said to 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."1 The subject cannot here be considered from an elementary point of view in all its ramifications,... | |
 | Law reports, digests, etc - 1884 - 1126 pages
...instrument; but a valuable consideration in the sense of the law, as the court remarked in that case, may consist either in some right, interest, profit or benefit accruing to the one party, or some extension of time of payment, detriment, loss, or responsibility given, suffered... | |
 | Law reports, digests, etc - 1891 - 1156 pages
...is without foundation in the law. The exchequer chamber in 1875 defined "consideration" as follows: "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... | |
 | Frederick Pollock - Contracts - 1885 - 844 pages
...Consideration was given by Cunsiderathe Exchequer Chamber in 1875 : "A valuable considera- tion>whattion, 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... | |
 | Law - 1885 - 670 pages
...gab im Jahr 1875 die Exohequer Chamber in folgender Fassung: „A valuable consideration in the sens 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... | |
 | Law reports, digests, etc - 1908 - 1160 pages
...defendant [promisor], or some detriment to the plaintiff [promisee]." Stated with greater elaboration, "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... | |
 | Law reports, digests, etc - 1890 - 1134 pages
...provided it be not utterly worthless in fact and in law." See, also, Barnum v. Barnum, 8 Conn. 469. "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... | |
 | Electronic journals - 1914 - 812 pages
...agreement was valid and binding upon both parties." 40 The elaborate definition given in Currie v. Misa, 41 "A valuable consideration in the sense of the law...responsibility given, suffered, or undertaken by the other." contains in substance the same principle. 42 The definitions of modern American text writers often... | |
 | Joel Prentiss Bishop - Contracts - 1887 - 824 pages
...Blackburn, J. in Edgeware Highway Board v. Harrow Dist. Gas Co. Law Rep. 10 QB 92, 95. Lash, J — "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... | |
 | Henry William May - Bills of sale - 1887 - 760 pages
...the law may consist either in some right, in- sidcration. terest, profit, or benefit accruing to the one party, or some forbearance, detriment, loss, or...responsibility given, suffered, or undertaken by the other. Under both statutes, of course, such a consideration Consideraas " 5s. and other valuable considerations"... | |
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