C o n t r a c t - C o n s id e r a t io n a n d I n t e n t io n t o c r e a t e L e g a l R e la t io n s

E le m e n ts w h ic h
fo rm a c o n tra c t

C o n s id e r a tio n In te n tio n to C re a te
L e g a l R e la tio n s

S o c ia l a n d D o m e s t ic
E x e c u to ry E x e c u te d P ast P r o m is s o r y E s t o p p e l A g re e m e n ts
C o n s id e r a tio n C o n s id e r a t io n C o n s id e r a tio n P r e s u m p tio n o f n o in te n t io n

M u s t m o v e fro m
p r o m is e e b u t n e e d
n o t m o v e to p r o m is o r
S u ff ic ie n t
C o m m e r c ia l
A g re e m e n ts
In v a lid P a r t ie s h a v e e x is t in g P r e s u m p tio n o f in t e n tio n
N eed not be C o n s id e r a t io n le g a l r e la tio n s h ip
a d e q u a te
b u t m u s t b e s u ff ic ie n t
C le a r a n d u n e q u iv o c a l
In s u f f ic i e n t Act done at p r o m is e w h ic h a f fe c t s
p r o m i s o r 's r e q u e s t th e le g a l r e la tio n s h ip

P r o m is e r e lie d u p o n
p r o m is e a n d a lte r e d
P a r tie s u n d e r s to o d h is p o s itio n

G o o d s , s e r v ic e s , M o r a l O b lig a tio n a c t is to b e
m o n e y p ro p e rty & M o tiv e s re m u n e ra te d In e q u it a b le f o r
th e p r o m is o r to g o b a c k
o n h is p r o m is e

F o rb e a ra n c e to s u e Vague or C o n tra c t m u s t
In s u b s t a n t ia l o th e r w is e b e
c o n s id e r a t io n e n fo r c e a b le

P e rfo rm a n c e o f P e r fo r m a c e
E x is tin g c o n t r a c t u a l o f e x is tin g
d u ty to th ir d p a r ty p u b lic d u t y

P e rfo rm a n c e
o f e x is tin g
c o n tra c tu a l d u ty