Chapter 3 Consideration
Chapter 3 Consideration
Chapter 3 Consideration
4. Illusory consideration:
Must be lawful – smuggling, murder.
STRANGER TO CONTRACT cannot sue..
Exceptions to the rule
1. Where trust is created - Beneficiary can sue. X
transfers all his property to Y to be held in trust for
the education of X’s son Z. Here Z, though not a
party to the contract can enforce the trust against Y
because he is the beneficiary under the trust.