FavoriteLoadingSave to briefcase | Rating: | By (2012)

  • PrintEmail Link
  • Viewed 1,930 times | Saved to 295 briefcases
Hamer v. Sidway, 124 N.Y. 538, 27 N.E. 256 (N.Y. 1891)

Facts:

Uncle promised nephew that is he refrained from drinking till 21 he would give him $. Nephew did this

Issue(s):

Was their consideration?

Ratio:

Valid consideration may consist of some right or benefit accruing to one party or some loss or responsibility given or suffered by the other party.
**Consideration can be beneficial or detrimental (at request of promisor)

Holding:

There was valid consideration


Leave a Comment

You must be logged in to participate.

This document is a general discussion of certain legal and related issues and must not be relied upon as legal advice. This document may not have been written or reviewed by a legal practitioner. For more information, please see the website Terms of Service.