News

Most deeds identify the real estate’s purchase price as “one dollar and other good and valuable consideration” or something similar. However, almost always, the purchase price of property ...
Consideration of Contracts Stature of Brands.; SUPERIOR COURT GENERAL TERM. Before Justices Robertson, Monell and Garvin. Share full article. Dec. 17, 1863.
The basic elements of contract formation are offer, acceptance, and consideration (i.e., the price for the exchange). Historically, the common law has not required courts to assess the adequacy of ...
Atwood contended that the 2012 agreement did not extinguish the previous contract, because the trial court ruled that the 2012 contract is invalid for lacking consideration and mutuality. In the ...
Meanwhile, under Section 9 of the Contracts Act, 1960 (Act 25), Ghana's position differs from the common law approach when pre-existing legal duties owing to the promisee constitute a valid ...
James E Hurford reviews ’Consideration in Contract Law: Historic and Contemporary Principles and Perspectives’.