In the same way, payment of part of the debt before the date on which it is due may be good consideration (Pinnel’s Case), as may payment at a different place provided this was at the creditor’s request ([ case ]) or payment by a third party (Welby v Drake (1825) 1 C & P 557). As long as there is 'fresh' consideration, the parties will be bound by this agreement.
Answer
Vanbergen v St Edmund Properties [1933] 2 KB 223
Tags
#consideration #contract
Question
In the same way, payment of part of the debt before the date on which it is due may be good consideration (Pinnel’s Case), as may payment at a different place provided this was at the creditor’s request ([ case ]) or payment by a third party (Welby v Drake (1825) 1 C & P 557). As long as there is 'fresh' consideration, the parties will be bound by this agreement.
Answer
?
Tags
#consideration #contract
Question
In the same way, payment of part of the debt before the date on which it is due may be good consideration (Pinnel’s Case), as may payment at a different place provided this was at the creditor’s request ([ case ]) or payment by a third party (Welby v Drake (1825) 1 C & P 557). As long as there is 'fresh' consideration, the parties will be bound by this agreement.
Answer
Vanbergen v St Edmund Properties [1933] 2 KB 223
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Open it In the same way, payment of part of the debt before the date on which it is due may be good consideration (Pinnel’s Case), as may payment at a different place provided this was at the creditor’s request (Vanbergen v St Edmund Properties [1933] 2 KB 223) or payment by a third party (Welby v Drake (1825) 1 C & P 557). As long as there is 'fresh' consideration, the parties will be bound by this agreement.</htm
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