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Define consideration - PowerPoint PPT Presentation

George Mason School of Law

George Mason School of Law. Contracts I IX. Consideration F.H. Buckley fbuckley@gmu.edu. Six Questions. Defining Consideration: Benefit-Detriment and Bargain Tests The Effect of a Seal The Adequacy of Consideration and Nominal Consideration The Past Consideration rule

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Law of contract, agency and sale of goods

Law of contract, agency and sale of goods. INTRODUCTION TO LAW. THE LAW OF CONTRACT: consideration, intention and privit y. Learning Objectives. When you have studied this chapter you should be able to: Define consideration Recognize the circumstances when valid consideration exists

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Define consideration - PowerPoint PPT Presentation

George Mason School of Law

Law of contract, agency and sale of goods