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What is Understanding Consideration in Contract Law about?

This document discusses the history and development of the doctrine of consideration in common law jurisdictions. It began as a pragmatic tool for judges to limit enforcement of promises through writs of assumpsit before the 19th century. In the 19th-early 20th centuries, consideration was formally defined as a bargain or exchange, modeled on civil law. This led to problems as some promises enforced traditionally did not clearly involve exchange. Later, consideration served to allow courts to refuse unfair

Author

Valeria Butorina

Language

EN