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
| Sir Mackenzie Dalzell Edwin Stewart Chalmers - Bills of exchange - 1896 - 530 pages
...Valuable consideration has been defined as " 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."3 As to consideration to support a simple contract, see further, notes to Lampleigh v. Braithwaite,... | |
| 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... | |
| Abraham Clark Freeman - Law reports, digests, etc - 1898 - 1050 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." In Addison on Contracts, page 2, the author adopts the definition of the Indian act: "When, at the... | |
| Arthur Reginald Rudall - Land titles - 1899 - 294 pages
...thereto, ante. " Valuable consideration " was thus denned in Currie r. Mira (LR, 10 Exch. 162) : — " A valuable consideration in the sense of the law may...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
...corporation. Clark, Cont. § 64, defines "consideration" as "something having value in the eye of the law. It may consist either in some right, interest, profit,...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,... | |
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