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Statute of Frauds and the Doctrine of Consideration
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Statute of Frauds and the Doctrine of Consideration : ウィキペディア英語版
Statute of Frauds and the Doctrine of Consideration
''Statute of Frauds and the Doctrine of Consideration'' (1937) Cmnd 5449 was a report by the Law Revision Committee on the consideration and formality in English contract law and other areas. It did not recommend abolition of the doctrine of consideration but made a series of recommendations to overturn the existing restrictions that had been developed by some common law courts.
==Overview==
The Law Revision Committee recommend the following transactions should be binding ''per se''.
*promises in writing
*promises for past consideration
*promises to accept part payments of debt to discharge the whole
*promising to do what one is already bound to do
*firm offers, where it is open for a period
*promises detrimentally relied on by the promise, where the promisor should have known reliance would happen

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