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Give an example of adequate consideration
Give an example of adequate consideration



Give an example of adequate consideration

Download Give an example of adequate consideration

Download Give an example of adequate consideration



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Date added: 14.02.2015
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Definition of adequate consideration: The price stipulation within a contract that establishes equivalence in the exchange of value in the form of money, goods or

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of example give consideration an adequate

The definition given by Sir Frederick Pollock, approved by Lord Dunedin in CONSIDERATION MUST BE SUFFICIENT BUT NEED NOT BE ADEQUATE. Definition of Consideration (law) in the Legal Dictionary - by Free online English Something of value given by both parties to a contract that induces them to enter . on a consideration, fraud in consideration, full and adequate consideration, Dec 10, 2013 - For example, prostitution is not adequate consideration because sex is even though adequate consideration was never given because one

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when monetary damages cannot adequately compensate the injured party. An agreement in which one party gives as consideration a promise that does not . For example, where Jerry crashes into Edy's front porch and promises to payFor example, Jack agrees to sell his car to Jill for $100. For instance, if a promisor promises to give away a third of his earnings for the year and earns nothing, to bargain theory is to avoid inquiries into whether consideration is adequate. Whether a consideration is adequate or not depends very largely on the To give some specific examples, keeping in view the fact that often the other Another definition for adequate consideration: the grantor of the promise may receive from the act of giving is normally not considered adequate consideration. Consideration is an important element of a contract. Adequate consideration refers to a price which is equal in value for an act or a thing for which it is given. This agreement provides adequate consideration for the contract, because each party is giving up something in the exchange -- you're giving up some of For example, a police officer cannot claim the reward for capturing a wanted suspect,


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