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Explain the Role of Consideration in English Contract Law. To what Extent do you agree with Lord Goff's v View that the Doctrine of Consideration is 'unnecessary'?
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Explain the Role of Consideration in English Contract Law. To what Extent do you agree with Lord Goff's v View that the Doctrine of Consideration is 'unnecessary'? The doctrine of consideration plays a very central role in English contract law. It is one of the fundamental criteria when creating a legally enforceable contract and as such, must be present to enforce it. The only exception to this is when a contract is made by deed, in such a case, consideration is not a requirement. Some argue that consideration is an unnecessary principal in English contract law; others however, argue that it is central in determining the existence of a contract. The meaning of consideration in contractual terms is not the same as its meaning in everyday English. In law, consideration represents the price for which the promisee buys the promise from the promisor. (Adapted from Oxford Dictionary of Law) This means...
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