Contract | Formation
Consideration: Past
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Consideration: Past
[Flash Card 1 of 1]
- general rule: past consideration is not good consideration
- house repairs / later promised money / not enforceable: past consideration (Re McArdle [1951])
Exceptions
- pardon / £100 promised after / enforceable: P acted on D's request / same transaction ( Lampleigh v Brathwait (1615))
- manage patents / during work offered 1/3 share patents / Bowen: implied remuneration (Re Casey's Patents [1892] )
- indemnity shares / Scarman: promisors' request / implied remunerated / legally enforceable if promised in advance (Pao On v Lau Yiu Long [1980])
