"detriment" as consideration, Business Law and Ethics

"Detriment" as consideration 

An example of a 'detriment' that will legally suffice like the consideration for a promise is provided with the case of Carlill v. Carbolic Smoke Ball Co.  Whether Mrs Carlill acted upon the advertisement about buying and using the carbolic smoke balls as directed she put herself to a quantity of inconvenience at the advertising company's request.  So hence the inconvenience she suffered through having to swallow so many balls to so many days was the 'detriment' that constituted the consideration such the defendant company's promise for pay the £100 reward.

Posted Date: 1/22/2013 2:41:46 AM | Location : United States







Related Discussions:- "detriment" as consideration, Assignment Help, Ask Question on "detriment" as consideration, Get Answer, Expert's Help, "detriment" as consideration Discussions

Write discussion on "detriment" as consideration
Your posts are moderated
Related Questions
Amount of compensation payable: In CLARK V URQUHART (44) the court explained that the amount of compensation payable under S.45 of the Act is calculated or measured in the sam

What are the types of international law? Two main types of international laws are there, it is public international law and private international law. Public law is law th

Types of transaction - reconstructions: It will be seen that methods (a) and (b) relate to specific types of transaction.  They can only be used in those transactions.  The fl

Part of the client's contract clearly states that negative publicity will not be tolerated on any actions connected to the temp agency. You know that this situation can harm both c

Compulsory Liquidation :                                       A petition is presented to the High Court under s.218 of the Companies Act.  The petition will specify one of the

Removal of Directors: By s.185(1) a company may by ordinary resolution remove a director before the expiration of his period of office, but notwithstanding anything in the art

Define the term - authoritative government decision We can sum up by way of saying that the intent to implement a policy is not the same thing as a real policy. Failure to impl

Statutory Companies: A statutory company is formed by a specific Act of Parliament, primarily as a means of conferring on it some powers which would not be available to it if

Question 1 It is significant for any person to know law as ignorance of law is no excuse. Modern USA law has been derived from some sources. Describe the primary and secondary sou

Dishonour by Non-Acceptance The drawee is not prepared to meet the bill, such he will return it for the holder by means of a note to this effect, such the bill is then so said