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" 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 534
1914
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Michigan Reports: Cases Decided in the Supreme Court of Michigan, 186. köide

Michigan. Supreme Court, Randolph Manning, George C. Gibbs, Thomas McIntyre Cooley, Elijah W. Meddaugh, William Jennison, Hovey K. Clarke, Hoyt Post, Henry Allen Chaney, William Dudley Fuller, John Adams Brooks, Marquis B. Eaton, Herschel Bouton Lazell, James M. Reasoner, Richard W. Cooper - 1916 - 802 lehte
...they broke ground for that mill in September, 1912." "A 'valuable consideration,' in a legal sense, may consist either in some right, interest, profit,...benefit accruing to one party, or some forbearance, loss, or responsibility given, suffered, or undertaken by the other." Words and Phrases, vol. 2, p....
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The Law Reports. Court of Exchequer: From Michaelmas Term, 1865 ..., 10. köide

Great Britain. Court of Exchequer - 1875 - 410 lehte
...payable immediately. The giving time is only one of many kinds of what the law calls 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...
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Principles of Contract at Law and in Equity: Being a Treatise on the ..., lk 776

Frederick Pollock - 1876 - 692 lehte
...made has any labour or detriment " (a). A fuller one has lately been given in the Exchequer Chamber : "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...
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Principles of Contract at Law and in Equity: Being a Treatise on the ..., lk 776

Frederick Pollock - 1876 - 694 lehte
...' A fuller one has lately been given in the Exchequer ( 'hamher : "A valuable consideration, in tho 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...
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A Digest of the Law of Bills of Exchange, Promissory Notes and Cheques

Sir Mackenzie Dalzell Edwin Stewart Chalmers - 1878 - 366 lehte
...consideration has been defined. defined as " some right, interest, or benefit accruing to the one l>nrty, or some forbearance, detriment, loss, or responsibility given, suffered, or undertaken by the other."1 The Courts do not inquire into the adequacy of a lona fide consideration.1 This was always...
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Principles of the English Law of Contract

Sir William Reynell Anson - 1879 - 486 lehte
...consideration in the sense LR ioExch. iif the law may consist either in some right, interest, profit, nr benefit accruing to one party, or some forbearance,...responsibility given, suffered, or undertaken by the other-.' Such being the definition of consideration, we may proceed to state — 1. That consideration ia necessary...
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Principles of the Law of Contract

Sir William Reynell Anson - 1880 - 494 lehte
...sense of the law may [Train v consist either in some right, interest, profit or benefit Qold,5Pick. accruing to one party, or some forbearance, detriment,...responsibility given, suffered, or undertaken by the other." Such being the definition of consideration, we may proceed to state: General 1. That consideration...
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A Selection of Cases on the Law of Bills and Notes and Other ..., 1. köide

James Barr Ames - 1881 - 932 lehte
...payable immediately. The giving time is only one of many kinds of what the law calls 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...
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A Digest of the Law of Bills of Exchange, Promissory Notes and Cheques

Sir Mackenzie Dalzell Edwin Stewart Chalmers - 1881 - 418 lehte
...another ground, 1 App. Cas. 554. defined. defined as "some right, interest, or benefit accruing to the one party, or some forbearance, detriment, loss, or...responsibility given, suffered, or undertaken by the other."' The Courts do not inquire into the adequacy of a bond fide consideration. 2 This was always the law...
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Principles of Contract at Law and in Equity: Being a Treatise on the ..., lk 776

Frederick Pollock - 1881 - 848 lehte
...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,...responsibility, given, suffered, or undertaken by the other " (a). An act or forbearance of the one party, present or promised, in the price for which the promise...
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