Implicit assumpsit
Created by Chief Lawiki on 16 October 2009, at 16:44
From Law wiki, the wiki for law researchThis principle allows a court to incorporate a past benefit (see: Consideration) into a new Contract, and thereby deem that the contract has sufficient consideration to be enforceable. In general, past benefits are not consideration (see: Re McArdle (1951)). Assumpsit can only be invoked in the following circumstances:
Contributors This page was last modified on 23 December 2011, at 07:00.This page has been accessed 2,338 times.
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