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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. "
A Treatise on the Law of Collateral Securities: As Applied to Negotiable ... - Page 28
by William Colebrooke - 1883 - 646 pages
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The Law Reports. Court of Exchequer: From Michaelmas Term, 1865 ..., Volume 10

Great Britain. Court of Exchequer - Law reports, digests, etc - 1875 - 410 pages
...the security is payable immediately. The giving time is only one of many kinds of what the law calls consideration. A valuable consideration, in the sense...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...
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Principles of Contract at Law and in Equity: Being a Treatise on ..., Page 776

Frederick Pollock - Contracts - 1876 - 692 pages
...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....
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Principles of Contract at Law and in Equity: Being a Treatise on ..., Page 776

Frederick Pollock - Contracts - 1876 - 694 pages
...' 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....
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Principles of the English Law of Contract

Sir William Reynell Anson - Agency (Law). - 1879 - 486 pages
...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...
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Principles of the Law of Contract

Sir William Reynell Anson - Agency (Law) - 1880 - 494 pages
...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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A Selection of Cases on the Law of Bills and Notes and Other ..., Volume 1

James Barr Ames - Negotiable instruments - 1881 - 932 pages
...the security is payable immediately. The giving time is only one of many kinds of what the law calls consideration. A valuable consideration, in the sense...responsibility, given, suffered, or undertaken by the other. Com. Dig., Action on the Case, Assumpsit, B. 1-15. The holder of a check may either cash it...
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A Digest of the Law of Bills of Exchange, Promissory Notes and Cheques

Sir Mackenzie Dalzell Edwin Stewart Chalmers - Negotiable instruments - 1881 - 418 pages
...approved but affirmed im another ground, 1 App. Cas. 554. defined. defined as "some right, interest, or benefit accruing to the one party, or some forbearance,...responsibility given, suffered, or undertaken by the other."' The Courts do not inquire into the adequacy of a bond fide consideration. 2 This was always...
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United States Reports, Supreme Court: Cases Argued ..., Volume 12; Volume 102

United States. Supreme Court - Law reports, digests, etc - 1881 - 836 pages
...valuable consideration in the sense of the law, as the court remarked in that case, may consist either ia some right, interest, profit, or benefit accruing to the one party, or some extension of time of payment, detrimen^, loss, or responsibility given, suffered, or undertaken by...
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Commentary on the Bills of Exchange Act, 1882 (45 & 46 Victoria, Cap. 61)

W. D. Thorburn - Bills of exchange - 1882 - 316 pages
...The consideration for a simple contract may be any right, interest, profit, or benefit, accruing to one party, or some forbearance, detriment, loss, or...responsibility given, suffered, or undertaken by the other, Currie v. Misa, LR 10, Ex. 153, 827. vide, p. 162. The consideration must be real, Wade v. Simeon,...
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The Negotiable Instruments Act (Act XXVI of 1881): Being an Act to Define ...

India, Patrick Dunlop Shaw - Negotiable instruments - 1882 - 362 pages
...defines consideration very much in the same terms : " Valuable consideration is some right, interest or benefit, accruing to the one party, or some forbearance, detriment, loss, or responsibility suffered or undertaken by the other.3 Following this ruling and taking it, as I think it is, to be...
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