A look at the trial of "Williams vs. Roffey" and its impact on consideration in contract.
Written in 2003; 993 words; 6 sources; APA; $ 35.95
Paper Summary:
The case of "Williams v Roffey" is the leading modern case on consideration. This paper centres around the discussion of "Williams vs Roffey" and considers the judgements of the case. It also looks at the impact of the case and the suggestion that a 'practical benefit' is obtained by the promisor in performance of an existing duty, is considered in light of industry and legal development.
From the Paper:
""The case of Williams v Roffey is the leading modern case on consideration. Consideration has been defined classically by Lush J in Currie v Misa -- "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". This essay will examine this case in light of the existing law, and whether it creates "further ambiguity" in the range of cases dealing with consideration."
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