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. Harvard Law Review - Page 5341914Full view - About this book
| Frederick Scott Wait - Creditors' bills - 1889 - 874 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 be here considered from an elementary point of view in all its ramifications,... | |
| Electronic journals - 1890 - 986 pages
...giving the definition of consideration as in Currie \. A/isa (1875), LR, 10 Ex. 162, as follows: " A valuable consideration in the sense of the law,...some right, interest, profit or benefit accruing to the one party, or some forebearance, detriment, loss or responsibility, given, suffered, or undertaken... | |
| Thomas Hodgins - Banking law - 1890 - 336 pages
...consideration. 3 law may consist either in some right, interest, profit, or benefit accruing Sec. 2. to the one party, or some forbearance, detriment, loss, or...responsibility, *~~ given, suffered, or undertaken by the other: Comyn's Digest, Action on Case, Assumpsit B. 1-15. It excludes illegal or immoral considerations. But... | |
| United States. Department of the Interior - Public lands - 1891 - 752 pages
...of the party promising, by the party in whose favor the promise is made ; a valuable consideration may consist either in some right, interest, profit,...responsibility given, suffered, or undertaken by the other. Good considerations are those of blood, natural love or affection, and the like. Motives of natural... | |
| Abraham Clark Freeman - Law reports, digests, etc - 1891 - 1038 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... | |
| United States. Department of the Interior - Public lands - 1891 - 750 pages
...the promise is made ; a valuable consideration may consist either in some right, interest, protÃt, or benefit accruing to one party, or some forbearance, detriment, loss or responsibility given, Buffered, or undertaken by the other. Good considerations are those of blood, natural love or aft'ection,... | |
| Louis Arthur Goodeve - Real property - 1891 - 606 pages
...some right, interest, profit, or benefit, accruing to him or, at his request, to a stranger; or (3), 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... | |
| Colorado. Court of Appeals - Law reports, digests, etc - 1892 - 680 pages
...agreement which may or may not have been more burdensome in its requirements upon him than this one. A valuable consideration in the sense of the law may...responsibility given, suffered or undertaken by the other. Courts will not inquire into the adequacy of the consideration, it is enough that there is actually... | |
| Law reports, digests, etc - 1892 - 1148 pages
...have been more burdensome in its requirements upon him than this one. A valuable consideration, ID the sense of the law, may consist either in some right,...responsibility given, suffered, or undertaken by the other. Courts will not inquire into the adequacy of the consideration. It is enough that there is actually... | |
| Iowa. Supreme Court - Law reports, digests, etc - 1892 - 882 pages
...debtor. It was bankrupt. It could not pay its debts. A consideration, in a legal sense, is said to "consist either in some right, interest, profit or...responsibility given, suffered or undertaken by the other." 3 Am. and Eng. Encyclopedia of Law, 831 ; Black's Law Dictionary, title "Consideration." The facts... | |
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