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Contract Law - Doctrine of Consideration

Title: Contract Law - Doctrine of Consideration
Category: /Law & Government/Government & Politics
Details: Words: 1736 | Pages: 6 (approximately 235 words/page)
Contract Law - Doctrine of Consideration
The doctrine of consideration has been a source of much discussion over the years. In 1937, the doctrine of consideration was under review by the English Law Revision Committee. They suggested that “the inconvenience and possible injustice resulting from the doctrine of consideration raise the question whether it presents countervailing disadvantages which justify its retention.” Furthermore they acknowledged that the French Civil Code finds ‘cause’ as the important component in a contract. In Germany, the law …showed first 75 words of 1736 total…
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…showed last 75 words of 1736 total…useful doctrine to avoid hardship and unnecessary inconvenience. It is my view that when the courts experience cases, such as those previously discussed, whereby a strict application of the doctrine of consideration may cause any hardship or unnecessary inconvenience, the courts will be flexible in its application. Through the use of these decisions, they are attempting to update the principles of the doctrine of consideration so that it meets the needs of today’s society.

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