contract law topic 3

Law

consideration, primary estoppel

Sample Data

Front Reforming the Doctrine of Consideration
Back topic Sentence: Calls for reforming or abolishing the consideration doctrine suggest that current rules may conflict with modern business practices and party intentions.Criticisms:Excessive Technicality: Consideration is viewed as overly technical and artificial, with the potential to invalidate agreements that the parties intended to be legally binding.Coherence Issues: The law inconsistently applies the principles of consideration, especially in cases of pre-existing duties and practical benefits.Reform Proposals:Abolish the Doctrine of Consideration: Move to a simpler system based on offer and acceptance.Reinterpret Consideration: Expand the concept of consideration to include any good reason for enforcing a promise (e.g., PS Atiyah’s proposal).
Front Family Arrangements and Intention
Back Topic Sentence: Family arrangements typically lack intent to create legal relations unless circumstances suggest otherwise.Key Case: Jones v Padavatton [1969]Mother promised accommodation for daughter’s bar studies; held to lack legal intent due to vagueness and familial nature.
Front Promissory Estoppel and Formalities
Back Topic Sentence: Alternative doctrines such as promissory estoppel and formalities will be discussed in subsequent lectures.Relevance: These doctrines provide avenues for enforcing promises in situations where traditional contract elements are absent.
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