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Contract law
Illustration 6 – Consideration
CHAPPELL & CO v NESTLE 1960
Facts:
A promotion by Nestle offered records for a sum of money plus three chocolate
wrappers.
Held:
The wrappers were part of the consideration even though they had minimal
value.
Illustration 7 – Consideration
THOMAS v THOMAS 1842
Facts:
A promise was made to convey a house to X for a rent of £1 per year.
Held:
The promise was binding as the consideration had value, even though it was
inadequate.
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