判决理由
Valuable consideration in the sense of the law may consist either in some right, interest, profit, or benefit accruing to the one party, or some forbearance, detriment, loss, or responsibility, given, suffered, or undertaken by the other.
事实
The case concerned a bill of exchange and the question of whether the holder had given valuable consideration for it.
判决摘要
Lush J provided the classic definition of consideration that has been adopted as the standard formulation in English contract law. The court held on the facts that consideration had been provided.
关键引述
"A valuable consideration, in the sense of the law, may consist either in some right, interest, profit or benefit accruing to the one party, or some forbearance, detriment, loss or responsibility given, suffered or undertaken by the other."
— Lush J
后续处理
Classic and most frequently cited definition of consideration in English law.