 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
 | 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,... | |
 | John Butler Johnson - Engineering - 1901 - 480 pages
...necessary to go into that subject here very fully. A "valuable consideration" in the eyes of the law is "some right, interest, profit, or benefit, accruing...responsibility given, suffered, or undertaken by the other." Such a consideration is necessary to enforce a written agreement the same as would be necessary with... | |
 | Law reports, digests, etc - 1910 - 812 pages
...191, 199. This giving of time in respect of an existing debt constituted a valuable consideration. "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... | |
 | Canadian Bankers' Association - Banks and banking - 1901 - 508 pages
...meaning of consideration. Mr. Justice Lush in giving the judgment of the Exchequer Chamber, said : — " A valuable consideration in the sense of the law may...some right, interest, profit or benefit accruing to the one party, or some forbearance, detriment, loss or responsibility given, suffered or undertaken... | |
 | International Correspondence Schools - Contracts - 1903 - 636 pages
...extend to collateral relationship," or mere affinity by marriage." VALUABLE CONS1DERAT1ON 11. Value.— 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... | |
 | 1902 - 394 pages
...generally look upon as being valuable. "valuable?" What then is " valuable consideration" in Law? It 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... | |
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