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1Accordingtotherulesofconsideration,considerationmustbesufficient,itmustnotalready beowedunderanexistinglegaldutyoritcanbetogiveupalegalright. Ontherulebasisofconsideration,sufficientconsider

ationisnecessary,itmustnotalreadybep ossessedunderacurrentlegaldutyoritcanbetogiveupalegalright. Asrequiredbytherulesofconsideration,theremustbeadequateconsideration.Itshouldneith erescapealegalresponsibilitynorsurrenderalegalright. According to the regulations of consideration, consideration shall be abundant, it must be already fulfill the legal duty or Get the corresponding rights.

2Tobeavalidconsideration,theconsiderationmusthavesomelegalvaluealthoughitcanbeav erylowvalue. Legalvalueisimportantforthevalidityoftheconsideration;sometimetheoutcomevaluemay beinexpensive. Legal value is necessary to make a consideration effective,no matter how much the value will be. A valid consideration must have legal value whether is high or low.

3Forexample,apromisebythehouseownertoallowsomebodytooccupythehouseforlifeine xchangefor? 1peryearisanenforceableagreement(ThomasvThomas,1842). Forexample,thelandlordallowingthetenanttorentthehouseforonepoundayearisanenforce ableagreement(ThomasvThomas,1842). As claimed by Thomas v Thomas(1842),for instance,if a house owner promise someone to rent his house for only ? each year.This deal is supposed to be practical. 1 For instance, the house owner promises that someone can reside the house for life on the condition of ? every year (Thomas v Thomas, 1842). 1

4Althoughconsiderationmustprovidesomebenefittothepromisorordetrimenttothepromis ee,thesedonothaveagreatdeal. Severalbenefitstothepromisorordetrimenttothepromisemustbeprovidedforconsideratio n,thisisnotamajorconcern.

It does not matter whethera consideration can be helpful to the promisor or harmful to the promisee. As a promise that provide something and return it, whatever the promise is worthful or not.

5Providingsomethingisgiveninreturnforapromise,itdoesnotmatterthatitisnotmuch,ornot whatthepromisewouldbeconsideredworth. Aslongassomethingisreturnforthepromise,thevolumecanbeignored. If something is needed reciprocally for a promise,it makes no difference when it is not enormous or not worthy the value.

6Courtswouldnotinquireintotheadequacyofconsiderationaslongastherearesome. Theadequacyofconsiderationwouldn’tbeinquiredbythecourtsaslongastherearesome. In the aspect of the sufficiency of consideration,courts rarely get involved,providing some of them exist. In general, Courts would not explore whether consideration is proper.

7Thereasonforthisruleisbecauseoftheoldideaoffreedomofcontract. Thisruleexitsonlybecausetheoldcontractfreedomidea. An ancient thought of freedom of agreement make this rule exist. because consider of the old idea of freedom of contract, this role exist.

8thepartiesthemselvesshouldbeallowedtomakebargainsthatsuitthemwithoutinterferenc efromcourts(Winnie,2010). Withoutinterferencefromcourts,thepartiesshouldbeabletomakebargainswhichsuitthem( Winnie,2010). According to Winnie(2010),courts are not allowed to interrupt when the parties are

making proper negotiations for each other. The parties can make agreements which benefit to them, but they cannot interfere with courts.

9“Ifanyonecollectschocolatebarwrappers,theycanbuyRockin'Shoesrecordsatamuchlow erprice.” "Rockin'Shoesrecordscanbeboughtatacheaperpriceforanyonethatcollectschocolatewra ppers." "Anyone who collects chocolate bar wrappers can buy Rockin' Shoes at a more reduced price."

10Mr.ChappellcollectedthechocolatebarwrappersbutNestlelaterclaimedthatchocolatew rappersarenotvalidconsiderationbecausetheyhavenovalue. AllthechocolatewrappercollectedbyMr.ChappellbecauseNestlelaterclaimedthatchocola tewrappersarenotvalidconsiderationastheyarenotworthanything. Owing to none of worthless, the chocolate bar wrappers collected by Mr.Chappell was not recognised by Nestle Company

11Atlast,thecourtdecidedthatthechocolatewrapperswerevalidconsideration.Theyhaves omelegalvalue(ChappellvNestle,1959). Butintheend,thecourtapprovedthecollectionasavalidconsideration.Providingacertainleg alvalue(ChappellvNestle,1959). Finally, the court adjudged that the chocolate bar wrappers should be considered valid, because they surely have some legal value.


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