A more concise definition of consideration is given by Pollock, namely that, 'an act or forbearance of one party, or the promise thereof, is the price for which the promise of the other is bought, and the promise thus given for value is enforceable'. Pollock's definition was adopted by the House of Lords in [ case ], the leading case on consideration.
Answer
Pneumatic Tyre Co Ltd v Selfridge and Co Ltd [1915] AC 847
Tags
#consideration #contract
Question
A more concise definition of consideration is given by Pollock, namely that, 'an act or forbearance of one party, or the promise thereof, is the price for which the promise of the other is bought, and the promise thus given for value is enforceable'. Pollock's definition was adopted by the House of Lords in [ case ], the leading case on consideration.
Answer
?
Tags
#consideration #contract
Question
A more concise definition of consideration is given by Pollock, namely that, 'an act or forbearance of one party, or the promise thereof, is the price for which the promise of the other is bought, and the promise thus given for value is enforceable'. Pollock's definition was adopted by the House of Lords in [ case ], the leading case on consideration.
Answer
Pneumatic Tyre Co Ltd v Selfridge and Co Ltd [1915] AC 847
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Open it mely that, 'an act or forbearance of one party, or the promise thereof, is the price for which the promise of the other is bought, and the promise thus given for value is enforceable'. Pollock's definition was adopted by the House of Lords in <span>Pneumatic Tyre Co Ltd v Selfridge and Co Ltd [1915] AC 847, the leading case on consideration.<span><body><html>
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