Module 02 - Consideration
Topics
- What is consideration?
- Why have a requirement for consideration?
- Gifts subject to conditions
- Consideration must move from the promisee
- “Consideration need not be adequate but it must be sufficient”
- Past consideration
- Performance of existing obligation
- Variation of existing agreement
- Agreement to pay a lesser sum in satisfaction of a greater sum
- Settlement of disputed claims
- Deeds
- Estoppel - Generally
- Promissory estoppel
