D (executor of will) orally stated that P should have house they lived in. Once died put in writing. P was to pay 1 pound a year. D evicted P some years later
Is there a contract? YES. Was one pound good consideration? YES
Moral consideration/obligation is no consideration – moral motive for entering into a contract is not valid consideration.
Consideration is something of value in the eyes of the law ($1 or $100) and the extent of that value is irrelevant.