StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

The Doctrine of Consideration as a Key Determinant in the Law of Contract - Term Paper Example

Cite this document
Summary
The author of the paper titled "The Doctrine of Consideration as a Key Determinant in the Law of Contract" tries to understand the dynamics of Lord Goff’s statement examining the origins of the doctrine of consideration and its evolution over the years…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER91.5% of users find it useful
The Doctrine of Consideration as a Key Determinant in the Law of Contract

Extract of sample "The Doctrine of Consideration as a Key Determinant in the Law of Contract"

Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(The Doctrine of Consideration as a Key Determinant in the Law of Term Paper, n.d.)
The Doctrine of Consideration as a Key Determinant in the Law of Term Paper. https://studentshare.org/law/1705457-business-law
(The Doctrine of Consideration As a Key Determinant in the Law of Term Paper)
The Doctrine of Consideration As a Key Determinant in the Law of Term Paper. https://studentshare.org/law/1705457-business-law.
“The Doctrine of Consideration As a Key Determinant in the Law of Term Paper”. https://studentshare.org/law/1705457-business-law.
  • Cited: 0 times

CHECK THESE SAMPLES OF The Doctrine of Consideration as a Key Determinant in the Law of Contract

Management Assignment(LAW)

The earliest theory of contract was the classical contract or will theory, founded upon the individualistic basis of laissez faire, enabling individuals to enter into agreements of their own choice on their own terms.... 1 Richard Baumann characterizes classical contract law as… sing on the private ordering of relations, where the role of the Courts is restricted to enforcing their bargained-for exchange”.... 2 In fact, opponents contended that classical contract theory may not represent the true will of the parties and inequitable individual gain is an Charles Fried stated that persons entering into a contract are morally bound to keep it....
4 Pages (1000 words) Essay

Business Judgment Rule - The Burden of Proof

The decision to purchase the Cleveland Stadium Corporation wasn't considered to be fair by the court since the directors failed to satisfy any of the conditions stated in the law that would have ensured them protection against such challenge.... The court on applying the fairness rule, found the directors, Modell, Bailey, Poplar and Berick to be in an influential position whereby the control of making a transaction as well as fixing various terms related to the contract (such as pricing ) was totally biased in their favor....
2 Pages (500 words) Essay

Project Management and How it Relates to Purchasing and Supply Management

Evaluation revolves around aspects such as the concepts of procurement and contract management, RFP selection tools, procurement planning, and legal characteristics.... The author of the paper analyzes the project management and how it relates to purchasing and supply management....
10 Pages (2500 words) Coursework

Business Environment and the English Legal System

The purpose of the assignment "Business Environment and the English Legal System" is to conduct an extensive analysis of two particular legal cases that feature the elements of contract law.... Under the circumstances, there would be losses accruing to the other 28 players, not only for the expenses they may have incurred in traveling to Birmingham but also in other opportunities they may have missed, which will give rise to a cause of action for compensatory damages, apart from the restitutory damages that will be due under the breach of contract....
9 Pages (2250 words) Assignment

Potential TORT Liabilities of Parties

his application of the common law doctrine of a duty of care rests in large part on concepts of propriety rights.... Therefore, at common law, a duty of care exists between the parties.... nbsp; 'Who then in law is my neighbour?... The given essay "Potential TORT Liabilities of Parties" argues about the potential liabilities in respect of tortuous conduct between the main contractor and a project manager/architect are dependant upon the duty of care and the exercise of that duty of care together with contractual obligations between the parties....
10 Pages (2500 words) Essay

Practical Benefit and Promissory Estoppel

Since a promise has been made, the promiser can go back on its promise only if some other consideration was supplied in return for the creditor's agreement to accept a lesser sum than what it was promised.... In general, if one party can demonstrate that it suffered some detriment in reliance on the promise of the other party, this is sufficient to establish the right to claim the consideration promised3.... It has been held that for the purpose of determining consideration, there is a difference between legal and practical benefit....
8 Pages (2000 words) Coursework

The Legal Environment of Business - Distinguishing Between an Offer and an Invitation to Treat

This paper 'The Legal Environment of Business - Distinguishing Between an Offer and an Invitation to Treat" focuses on the fact that to make a distinction between an offer and an invitation to treat it is necessary to examine how a contract is formed, discussing the three key elements of a contract.... For the formation of a contract, the key elements are an offer, acceptance of that offer, and consideration.... When all elements are present the court will deem the contract to be valid....
8 Pages (2000 words) Assignment

Proactive Sports Management v Wayne Rooney

This paper critically evaluates the law regarding restrictive covenants and contracts made by minors with specific reference to the decision in the Rooney decision and its implications for the negotiation of player contracts and player negotiation.... The general presumption of the law has been that any contractual attempt to limit an individual's right to earn a living will be void on grounds of not being in the public interest4 and was established in Nordenfelt v Maxim Nordenfelt Guns and Ammunition5, which asserted that a restrictive covenant on a former employee will prima facie be void....
7 Pages (1750 words) Case Study
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us