 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
 | Richard Edgar Kemp - Real property - 1903 - 650 pages
...and bond fide, to any person not having at the time of the conveyance any notice of such fraud (*). A valuable consideration in the sense of the law may...responsibility given, suffered, or undertaken by the other (t). A conveyance in which the consideration is not valuable, but is " natural love and affection,"... | |
 | James Webster Eaton, Frank Bixby Gilbert - Bills of exchange - 1903 - 872 pages
...Negotiable Instruments Law provides that: " Value is any con31. Story on Promissory Notes, § 186. 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... | |
 | Samuel Williston - Contracts - 1903 - 752 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... | |
 | Frederick Stroud - Law - 1903 - 838 pages
...suffered, by the pit at the request, or with the consent, either express or implied, of the deft." " 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... | |
 | Law reports, digests, etc - 1903 - 1040 pages
...make effectual that which .before was a void or imperfect contract. Webster v. Zielly, 52 Barb. 483. 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, The statute once waived cannot be subsequently invoked.... | |
 | Friedrich Karl Neubecker - 1903 - 76 pages
...ift nun consideration ¿u befinieren? S)te Exchequer Chamber gab im Sabre 1876 fotgenbe description: „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... | |
 | Samuel Williston - Contracts - 1903 - 778 pages
...sense of the law may cofi-\ Bist 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." Courts " will not ask whether the thing which forms the consideration does in fact benefit the promisee... | |
 | Thomas Moffitt Stevens, Herbert Jacobs - Commercial law - 1903 - 536 pages
...Consideration. This 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 " (x). It is divisible into executed, or executory, and past or present. Executed consideration exists... | |
 | International Correspondence Schools - Banks and banking - 1903 - 646 pages
...consideration is some right, interest, profit, or benefit accruing to the one party to a contract, or some forbearance, detriment, loss, or responsibility, given, suffered, or undertaken by the other." In a negotiable instrument, a valuable consideration may be constituted by (a) any consideration sufficient... | |
 | George Lisle - Accounting - 1903 - 526 pages
...and may consist either of some right, interest, profit, or benefit accruing to the one party, or of some forbearance, detriment, loss, or responsibility given, suffered, or undertaken by the other (Fleming v. The Bank of England, 1900, AC 577, 586; and see per Lush, J., in Currie v. Misa, 1875,... | |
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