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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. "
Bills, Notes and Cheques: The Bills of Exchange Act, Revised Statutes of ... - Σελίδα 164
των John James MacLaren - 1909 - 575 σελίδες
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Commentaries on the Law of Bills of Exchange: Foreign and Inland, as ...

Joseph Story - 1847 - 704 σελίδες
...What, then, is a valuable consideration in the sense of the law ? It may, in general terms, be said to consist either in some right, interest, profit, or benefit, accruing to the party, who makes the contract, or some forbearance, detriment, loss, responsibility, or act, or labor,...

Michigan Reports: Cases Decided in the Supreme Court of Michigan, Τόμος 186

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 σελίδες
...they broke ground for that mill in September, 1912." "A 'valuable consideration,' in a legal sense, may consist either in some right, interest, profit, or benefit accruing to one party, or some forbearance, loss, or responsibility given, suffered, or undertaken by the other."...

Reports of Cases Argued and Adjudged in the Superior Court of ..., Τόμος 1

Robert D. Handy, John H. Handy - 1855 - 638 σελίδες
...would authorize the transfer of a note or bill, and protect the indorsee, and such consideration might consist, " either in some right, interest, profit, or benefit accruing to the party who made the contract, or some forbearance, detriment, loss, responsibility, or act, or labor,...

Commentaries on the Law of Promissory Notes: And Guaranties of Notes, and ...

Joseph Story - 1856 - 758 σελίδες
...What, then, is a valuable consideration in the sense of the law? It may, in general terms, be said to consist either in some right, interest, profit, or benefit, accruing to the party who makes the contract, or some forbearance, detriment, loss, responsibility, or act, or labor,...

The Law Reports. Court of Exchequer: From Michaelmas Term, 1865 ..., Τόμος 10

Great Britain. Court of Exchequer - 1875 - 410 σελίδες
...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,...responsibility, given, suffered, or undertaken by the other: Com. Dig. Action on the Case, Assumpsit, B* 1-15. repudiate, and claim back the proceeds any more than...

Principles of Contract at Law and in Equity: Being a Treatise on ..., Σελίδα 776

Frederick Pollock - 1876 - 692 σελίδες
...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,...responsibility, given, suffered, or undertaken by the other" (I). The difference is (a) Cp. the remarks of the Court in ch. 1. in Ed/jwart Iliy/iimy Bd. v. //arrow...

Principles of Contract at Law and in Equity: Being a Treatise on ..., Σελίδα 776

Frederick Pollock - 1876 - 696 σελίδες
...' 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,...responsibility, given, suffered, or undertaken by the other" (b). Tho difference is (n) Cp. the ranarkn of the Court in ch. 1. in Eilyvnre Itiijkimty Hd. \. Harrow...

A Digest of the Law of Bills of Exchange, Promissory Notes and Cheques

Sir Mackenzie Dalzell Edwin Stewart Chalmers - 1878 - 366 σελίδες
...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...

Principles of the English Law of Contract

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

Principles of the Law of Contract

Sir William Reynell Anson - 1880 - 494 σελίδες
...law may [Train v consist either in some right, interest, profit or benefit Qold,5Pick. accruing to one party, or some forbearance, detriment, loss, or...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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