Consideration 0.0 / 5 ? LawContract lawA2/A-levelOCR Created by: YasmingeexCreated on: 19-03-19 17:14 Defines consideration as the 'badge of enforceability' McKendrick 1 of 7 Consideration was outlined as potentially being either a benefit or detriment Currie V Misa 2 of 7 Where promises are exchanged between 2 parties to do something in the future Executory Consideration 3 of 7 Where 1 party does something to perform a promise made by the other Executed Consideration 4 of 7 Consideration must move from the promisee- it cannot be provided by a 3rd party Tweddle V Atlkinson 5 of 7 Consideration must be sufficient but need not be adequate Thomas V Thomas 6 of 7 It's good consideration despite not being of any obvious/conventional value- need not be money Chappel V Nestle 7 of 7
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