As we mentioned in our post on Consideration, it is a very important element in the formation of a legally enforceable contract. Some have criticised it however as not making any sense in a modern law of contract. The development of remedies in estoppel for lack of consideration, or for poor consideration has operated to allow the courts enforce contracts, where it would be unfair not to.
Contents:
1) CONTRACT FORMATION
D. CONSIDERATION & ESTOPPEL
- Promissory Estoppel
- Proprietary Estoppel
- Legitimate Expectation
I hope you find this presentation helpful. Keep at it. The mountain is always daunting from the base. Keep climbing and you will make it to the summit. As usual, I accept no liability for any errors, omissions or inaccuracies in this or indeed in any of the podcasts posted on this blog by me or any other contributor. Check your own ropes! This is a free resource. Please email your comments to me at preparingforkingsinns@gmail.com or post below.
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