 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.  A Digest of the Law of Bills of Exchange, Promissory Notes and Cheques - Page 76by Sir Mackenzie Dalzell Edwin Stewart Chalmers - 1881 - 332 pagesFull view - About this book
 | Great Britain. Court of Exchequer - Law reports, digests, etc - 1875 - 410 pages
...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,...responsibility, given, suffered, or undertaken by the other: Com. Dig. Action on the Case, Assumpsit, B* 1-15. repudiate, and claim back the proceeds any more than... | |
 | Frederick Pollock - Contracts - 1876 - 694 pages
...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,...responsibility, given, suffered, or undertaken by the other" (b). Tho difference is (n) Cp. the ranarkn of the Court in ch. 1. in Eilyvnre Itiijkimty Hd. \. Harrow... | |
 | Sir William Reynell Anson - Agency (Law). - 1879 - 486 pages
...sense LR ioExch. iif the law may consist either in some right, interest, profit, nr benefit accruing to one party, or some forbearance, detriment, loss, or...responsibility given, suffered, or undertaken by the other-.' Such being the definition of consideration, we may proceed to state — 1. That consideration ia necessary... | |
 | Sir William Reynell Anson - Agency (Law) - 1880 - 494 pages
...law may [Train v consist either in some right, interest, profit or benefit Qold,5Pick. accruing to one party, or some forbearance, detriment, loss, or...responsibility given, suffered, or undertaken by the other." Such being the definition of consideration, we may proceed to state: General 1. That consideration... | |
 | India, Patrick Dunlop Shaw - Negotiable instruments - 1882 - 362 pages
...A late English case defines consideration very much in the same terms : " Valuable consideration is some right, interest or benefit, accruing to the one...some forbearance, detriment, loss, or responsibility suffered or undertaken by the other.3 Following this ruling and taking it, as I think it is, to be... | |
 | W. D. Thorburn - Bills of exchange - 1882 - 316 pages
...The consideration for a simple contract may be any right, interest, profit, or benefit, accruing to one party, or some forbearance, detriment, loss, or...responsibility given, suffered, or undertaken by the other, Currie v. Misa, LR 10, Ex. 153, 827. vide, p. 162. The consideration must be real, Wade v. Simeon,... | |
 | Sir John Macdonell - Gt. Brit. Laws, Statutes, etc - 1883 - 792 pages
...should be, to quote the judgment of the Court in Currie v. Misa (c), " some right, interest, profit or benefit accruing to the one party, or some forbearance,...given, suffered, or undertaken by the other." The consideration need not be such as in fairness would be adequate ; that is a matter for the parties... | |
 | James Williams - Common law - 1883 - 290 pages
...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,...responsibility, given, suffered, or undertaken by the other" (Currie v. Misa, LR 10 Exch. 162). This fundamental difference will account for several matters in... | |
 | William Colebrooke - Pledges (Law) - 1883 - 734 pages
...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,...responsibility, given, suffered, or undertaken by the other.1" §23. THE CONTRA RULE — THE PLEDGEE FOR AN ANTECEDENT DEBT, WITHOUT MORE, NOT A HOLDER FOR... | |
 | John Bouvier - Law - 1883 - 870 pages
...'A valuable consideration may consist either in some right, interest, profit, or benefit accruing to one party, or some forbearance, detriment, loss, or...responsibility given, suffered, or undertaken by the other;" LR 10 Ex. 162. See 5 Pick. 380. A valuable consideration Is usually In some way pecuniary, or convertible... | |
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