Title

Past Consideration or Unconnected Consideration

Publication Type

Journal Article

Publication Date

9-2012

Abstract

It is trite law that a valid and enforceable contract must be supported by consideration. The recent Court of Appeal case of Rainforest Trading Ltd v State Bank of India Singapore [2012] 2 SLR 713 is a further addition to the local jurisprudence on consideration, specifically the issue of past consideration. This note considers the specific issue of past consideration and argues that its label should be discarded in favour of a more realistic one that correctly emphasises its underlying concerns.

Keywords

Appellate courts, Jurisprudence, Mortgages

Discipline

Asian Studies | Contracts | Jurisprudence

Research Areas

Commercial Law

Publication

Singapore Academy of Law Journal

Volume

24

Issue

2

First Page

553

Last Page

565

ISSN

0218-2009

Publisher

Singapore Academy of Law

Additional URL

http://www.sal.org.sg/digitallibrary/Lists/SAL%20Journal/DispForm.aspx?ID=603