MGMT 2021: Consideration can be defined as “something of value in the eyes of the law: Business Law Case Study, UWI, Ireland

Question

(a) Consideration can be defined as “something of value in the eyes of the law”, but consideration is not a critical factor to any contractual obligations and as such,  it has to be ignored in any contract.

Critically discuss this statement, with the following requirements;

1. Five (5) applicable case laws on the subject matter.
2. State clearly

• The issue
• Basic Facts of the Cases
• The Judgement

(b) With respect to the doctrine on Consideration, Past Consideration  is ‘irrelevant’

Critically discuss this statement, with the following requirements;

1. Three (3) applicable case laws on the subject matter
2. State clearly

• The issue
• Basic Facts of the Cases
• The Judgement

The post MGMT 2021: Consideration can be defined as “something of value in the eyes of the law: Business Law Case Study, UWI, Ireland appeared first on QQI Assignments.