How does the Exchequer Chamber define "Consideration? How is it different from the Restatement (Second) definition?

How does the court analyze Consideration?

Does your analysis of Consideration change if the same facts are applied today, but his uncle knew he smoked marijuanato ease the pain of a debilitating disease prior to making the promise?

Discuss whether any Consideration substitutes apply to make the contract enforceable.

Answer rating: 100% (QA)

Answer The term Consideration in contract law refers to something of value exchanged between parties to a contract which often takes the form of a promise an act or a forbearance Both the Exchequer Ch... View the full answer