BTW Presentation

How many types of consideration?

• 1

• 2

• 3

• 4

Which one is NOT the rules of consideration?

• must not be past

• must pay full payment of a debt

• must be sufficient but need not be adequate

• must be something of value in the eye of the court

Jeremy finds Joshua’s handphone and gives it to Joshua. Joshua promises

to buy lunch for Jeremy. There is a contract.

• True

• False

Past consideration in Malaysia is good consideration.

• True

• False

In the case of Williams v Roffey Bros, it was held that part payment of a debt is not valid consideration.

• True

• False

Which one is NOT one of the four elements of Promissory Estoppel?

• a promise clear and unambiguous in its terms

• reliance by the party to whom the promise is made

• the party asserting the estoppel may not be injured by his reliance

• the reliance must be both reasonable and foreseeable