2014年ACCA《F4公司法与商法》备考辅导(6)
日期:2014-04-29 16:12
1 Definitions
1.1 It is the element of value in the agreement.
1.2 Both parties must bring something of value to the agreement.
1.3 E.g. A sells B a car for 1. A and B are both providing value.
1.4 An act or forbearance of one party or the promise thereof is the price for which the promise of the other is bought and the promise thus given for value is enforceable: Dunlop v Selfridge.
2 Rules of consideration
Overview
2.1 Must be provided by both parties (unless in the form of deed).
2
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05/12 04:54