In this video, we break down the essential elements of valid consideration in contract law. Understanding what makes consideration legally valid is crucial for ensuring enforceable agreements. We'll discuss the key elements such as adequacy, mutual exchange, and the necessity of lawful consideration. Whether you're a law student or someone involved in contracts, this video will clarify the core concepts that make agreements legally binding.
video chapters
01:05 introduction
03:54 definition
13:55 past, present & future consideration
15:16 need not to be adequate consideration
16:11 consideration must be real
17:00 legal impossibility
17:53 uncertain consideration
18:26 already bounced consideration
19:57 lawful
21:16 consideration in any form
24 сен 2024
