Front

In a contract, what else requires consideration?

Back

Where there is an existing contractual duty owed to the promisor, (where there is already a contract between the parties), but then there is a change to the original contract, that change also requires consideration.

Front

What has been the traditional common law approach to the above mentioned point?

Back

The traditional common law position, is that the second arrangement (change to the original contract) is not valid consideration.