Contract Law - Consideration, Promissory Estoppel, Mistake, Misrepresentation, Trade, Frustration at University Of Greenwich | Flashcards & Summaries

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TESTE DEIN WISSEN
Cases for must not be past 
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TESTE DEIN WISSEN
Re McArdle

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TESTE DEIN WISSEN
What are the rules of consideration?
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TESTE DEIN WISSEN
Must not be past 
Must be sufficient but need not to be adequate 
Move move from promisee
An existing public duty will not amount to valid consideration 
An existing contractual duty will not amount to valid consideration 
Part payment of debt is not valid consideration for a promisee to release the debt in full
Lösung ausblenden
TESTE DEIN WISSEN
Is there an exception to the Rule of Pinnel’s case?
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TESTE DEIN WISSEN
Yes, where part payment is made by a 3rd party. 
Hirachand Punamchand v Temple [1911]
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TESTE DEIN WISSEN
What was held in the Tweddle v Atkinson case?
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TESTE DEIN WISSEN
there no consideration because the father is not giving up anything of value to the promisee. 
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TESTE DEIN WISSEN
What happened in Stilk v Myrick case? 
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TESTE DEIN WISSEN
2/11 crew members abandoned ship 
Captain promised they could split the wages of the 2 crew members that left the ship if they returned the ship home safely. It was held the captain was under no obligation to do so as the crew members were under contractual duty to do as they were told during emergencies. 
Lösung ausblenden
TESTE DEIN WISSEN
What happened in the Collins v Godefory case?
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TESTE DEIN WISSEN
Promise to pay police officer to attend the court at the trial. It was refused to pay after the trial. It was held the promise was unenforceable as the officer was under legal duty to attend regardless of payment. There was no fresh or new consideration in exchange. 
Lösung ausblenden
TESTE DEIN WISSEN
What a case relevant to part payment of debt?
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TESTE DEIN WISSEN
Pinnel’s case. 

Not valid consideration for a promisee to forebear the balance unless at the promisor’s request part payment is made: 

Before the due date 
With a chattel
To a different destination 
 
Lösung ausblenden
TESTE DEIN WISSEN
What are the requirements of promissory estoppel?
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TESTE DEIN WISSEN
Clear and unequivocal promise 
The doctrine can only operation as a defence to a claim (a shield not a sword)
Promise is not given under duress 
Reliance, altered his position 
Suspension (notice)
Lösung ausblenden
TESTE DEIN WISSEN
What happened in the Re McArdle case?
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TESTE DEIN WISSEN
A daughter in law was unable to claim for costs of improvements as the promise to reimburse her came after she made the improvements. Consideration cannot be in the past. It was held a promisee offers you a gift, then they can revoke the promise because it was just a ‘thank you gift’. 
Lösung ausblenden
TESTE DEIN WISSEN
What happened in the Thomas v Thomas case? 
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TESTE DEIN WISSEN
Deceased’s wife charged nominal £1 ground rent annually was good consideration and the court held it was not allowed for them to change the bargain to fit the expected value, if the value has been agreed by two parties involved. 
Lösung ausblenden
TESTE DEIN WISSEN
What is it meant by consideration? 
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TESTE DEIN WISSEN
Value behind a promise, proof of bargain > money or worth, such as a ring. 
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TESTE DEIN WISSEN
give an example of a case where a mistake must have induced the contract?
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TESTE DEIN WISSEN
Kleinwort Benson Ltd v Lincoln City Council [1999] 2 AC 349
Lösung ausblenden
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Q:
Cases for must not be past 
A:
Re McArdle

Q:
What are the rules of consideration?
A:
Must not be past 
Must be sufficient but need not to be adequate 
Move move from promisee
An existing public duty will not amount to valid consideration 
An existing contractual duty will not amount to valid consideration 
Part payment of debt is not valid consideration for a promisee to release the debt in full
Q:
Is there an exception to the Rule of Pinnel’s case?
A:
Yes, where part payment is made by a 3rd party. 
Hirachand Punamchand v Temple [1911]
Q:
What was held in the Tweddle v Atkinson case?
A:
there no consideration because the father is not giving up anything of value to the promisee. 
Q:
What happened in Stilk v Myrick case? 
A:
2/11 crew members abandoned ship 
Captain promised they could split the wages of the 2 crew members that left the ship if they returned the ship home safely. It was held the captain was under no obligation to do so as the crew members were under contractual duty to do as they were told during emergencies. 
Mehr Karteikarten anzeigen
Q:
What happened in the Collins v Godefory case?
A:
Promise to pay police officer to attend the court at the trial. It was refused to pay after the trial. It was held the promise was unenforceable as the officer was under legal duty to attend regardless of payment. There was no fresh or new consideration in exchange. 
Q:
What a case relevant to part payment of debt?
A:
Pinnel’s case. 

Not valid consideration for a promisee to forebear the balance unless at the promisor’s request part payment is made: 

Before the due date 
With a chattel
To a different destination 
 
Q:
What are the requirements of promissory estoppel?
A:
Clear and unequivocal promise 
The doctrine can only operation as a defence to a claim (a shield not a sword)
Promise is not given under duress 
Reliance, altered his position 
Suspension (notice)
Q:
What happened in the Re McArdle case?
A:
A daughter in law was unable to claim for costs of improvements as the promise to reimburse her came after she made the improvements. Consideration cannot be in the past. It was held a promisee offers you a gift, then they can revoke the promise because it was just a ‘thank you gift’. 
Q:
What happened in the Thomas v Thomas case? 
A:
Deceased’s wife charged nominal £1 ground rent annually was good consideration and the court held it was not allowed for them to change the bargain to fit the expected value, if the value has been agreed by two parties involved. 
Q:
What is it meant by consideration? 
A:
Value behind a promise, proof of bargain > money or worth, such as a ring. 
Q:
give an example of a case where a mistake must have induced the contract?
A:
Kleinwort Benson Ltd v Lincoln City Council [1999] 2 AC 349
Contract Law - consideration, promissory estoppel, mistake, misrepresentation, trade, frustration

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