Contract Law: The Doctrine of Consideration

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In this masterclass, you will explore the Doctrine of Consideration, whereby a promise cannot enforce a promise unless one has given or promised to give something in exchange for the promise or unless the promisor has obtained (or been promised) something in return. You will assess the classic definition of the doctrine adopted by Lush LJ in Currie v Misa: ‘A valuable consideration, in the sense of the law, may consist either of some right, interest, profit or benefit accruing to one party, or some forbearance, detriment , loss, or responsibility, given, suffered, or undertaken by the other…’ and look at a series of problem areas and cases.

  • Duration: Suggested 1-2 hours, dependent on the level of detail desired.

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