Case Law

Consideration shall not be taken into account where the consideration is wholly uncertain in amount. Marson v Marriage 1980 STC 177

Fielder v Vedlynn 1992 STC 553 examined the meaning of “consideration” and the judge held that consideration was equal to the sum of money specified, with no account for future guarantees

Loss on foreign exchange is not irrecoverable consideration. Goodbrand v Loffland Bros North Sea 1998 STC 930